Top Midday Decliners

MT Newswires Live05-30

AST SpaceMobile (ASTS) and other space-related firms saw their stock prices drop in Friday trading after Blue Origin's New Glenn rocket exploded Thursday night during a hot-fire test at a Space Force facility in Cape Canaveral, Florida.

Shares of AST fell more than 15% following an increase in intraday trading volume to over 32.4 million from a daily average of about 18.0 million.

Redwire (RDW) shares dropped 7%, with intraday trading volume rising to over 39.3 million from a daily average of about 30.6 million.

Gap (GAP) reported slower-than-expected growth in fiscal Q1 revenue late Thursday, undermining its narrow adjusted earnings beat.

Shares slumped 16% as intraday trading volume soared to more than 17.9 million from a daily average of about 8.2 million.

Price: 112.18, Change: -20.92, Percent Change: -15.71

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