Simply Wall St.8d agobullish
Has Globalstar (GSAT) Already Run Too Far After Its 316% One Year SurgeInvestors may be wondering whether Globalstar's share price still offers value after its recent run, or if most of the easy gains are already behind it. The stock last closed at US$81.90, with returns of 1.9% over 7 days, 27.6% over 30 days, 28.0% year to date, and 316.4% over the past year, plus a very large 3-year return and a 320.0% return over 5 years that hints at shifting expectations around the business. Recent attention on Globalstar has centered on its position in the telecom space...