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Globalstar Shorts Could Get Slammed
Wednesday, June 23, 2021 - 10:56am | 638Globalstar Inc (NYSE: GSAT) shot up 44% on Monday and Tuesday after B. Riley initiated coverage on the stock and announced a price target of $3.25. Globalstar, a Covington, Louisiana-based satellite communications company, has not traded above $3 since April 2015 and until 2021 had spent the...