Globalstar Sinks After Signing Deal With Ericcson Federal

Globalstar (GSAT) gas slumped throughout most of this morning's trading. The fall comes after the company signed a $22.7 million deal with Ericsson Federal.

The stock is extending a downtrend that began in mid-September and is at a new low, down 10 cents at 45 cents.

by RTTNews Staff Writer

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