← Globalstar, Inc. Common Stock overview

Globalstar, Inc. Common Stock vs Cogent Communications: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Globalstar, Inc. Common Stock (GSAT)

Q3 202617 Jun – 16 Aug 2026

▲4

Amazon Deal and Satellite Launches Drive Globalstar Higher

Amazon's $11B Acquisition of Globalstar Amazon agreed to buy Globalstar for $11 billion, giving Globalstar a deep-pocketed owner and merging its spectrum into Amazon's planned 5,105-satellite network. This is the biggest force behind the stock, as it secures Globalstar's future and validates its technology.
The Amazon acquisition is the single most important event driving GSAT's price, providing a clear exit and strategic backing.
Merger Progress and Q2 Revenue Globalstar reported Q2 revenue of $64.8 million and said the U.S. antitrust waiting period for the Amazon merger expired in July. The deal is expected to close in 2027, keeping investor confidence high despite a quarterly net loss.
This shows concrete progress toward closing the Amazon deal, which is the main catalyst for GSAT's price.
First Replacement Satellites Successfully Launched Eight new Globalstar satellites built by MDA Space and Rocket Lab launched on August 15 and are now operating. These replenish Globalstar's aging network, supporting direct-to-device and IoT services, and show the company is investing in its future.
The launch directly supports Globalstar's operational capacity and reinforces the value of its constellation to Amazon.
HIBLEO-4 Mission and Third-Generation Constellation Globalstar is advancing its HIBLEO-4 replenishment mission and developing a third-generation C-3 network of over 50 satellites. This expands capacity for direct-to-device, IoT, and government applications, positioning Globalstar for long-term growth.
This highlights Globalstar's ongoing technological roadmap, which underpins its strategic value and future revenue potential.

July 202617 Jun – 16 Aug 2026

▲4

Amazon Deal and Satellite Launches Drive Globalstar Higher

Amazon's $11B Acquisition of Globalstar Amazon agreed to buy Globalstar for $11 billion, giving Globalstar a deep-pocketed owner and merging its spectrum into Amazon's planned 5,105-satellite network. This is the biggest force behind the stock, as it secures Globalstar's future and validates its technology.
The Amazon acquisition is the single most important event driving GSAT's price, providing a clear exit and strategic backing.
Merger Progress and Q2 Revenue Globalstar reported Q2 revenue of $64.8 million and said the U.S. antitrust waiting period for the Amazon merger expired in July. The deal is expected to close in 2027, keeping investor confidence high despite a quarterly net loss.
This shows concrete progress toward closing the Amazon deal, which is the main catalyst for GSAT's price.
First Replacement Satellites Successfully Launched Eight new Globalstar satellites built by MDA Space and Rocket Lab launched on August 15 and are now operating. These replenish Globalstar's aging network, supporting direct-to-device and IoT services, and show the company is investing in its future.
The launch directly supports Globalstar's operational capacity and reinforces the value of its constellation to Amazon.
HIBLEO-4 Mission and Third-Generation Constellation Globalstar is advancing its HIBLEO-4 replenishment mission and developing a third-generation C-3 network of over 50 satellites. This expands capacity for direct-to-device, IoT, and government applications, positioning Globalstar for long-term growth.
This highlights Globalstar's ongoing technological roadmap, which underpins its strategic value and future revenue potential.

Latest17 Jun – 16 Aug 2026

▲4

Amazon Deal and Satellite Launches Drive Globalstar Higher

Amazon's $11B Acquisition of Globalstar Amazon agreed to buy Globalstar for $11 billion, giving Globalstar a deep-pocketed owner and merging its spectrum into Amazon's planned 5,105-satellite network. This is the biggest force behind the stock, as it secures Globalstar's future and validates its technology.
The Amazon acquisition is the single most important event driving GSAT's price, providing a clear exit and strategic backing.
Merger Progress and Q2 Revenue Globalstar reported Q2 revenue of $64.8 million and said the U.S. antitrust waiting period for the Amazon merger expired in July. The deal is expected to close in 2027, keeping investor confidence high despite a quarterly net loss.
This shows concrete progress toward closing the Amazon deal, which is the main catalyst for GSAT's price.
First Replacement Satellites Successfully Launched Eight new Globalstar satellites built by MDA Space and Rocket Lab launched on August 15 and are now operating. These replenish Globalstar's aging network, supporting direct-to-device and IoT services, and show the company is investing in its future.
The launch directly supports Globalstar's operational capacity and reinforces the value of its constellation to Amazon.
HIBLEO-4 Mission and Third-Generation Constellation Globalstar is advancing its HIBLEO-4 replenishment mission and developing a third-generation C-3 network of over 50 satellites. This expands capacity for direct-to-device, IoT, and government applications, positioning Globalstar for long-term growth.
This highlights Globalstar's ongoing technological roadmap, which underpins its strategic value and future revenue potential.

Cogent Communications Group Inc (CCOI)

Q3 20267 Jul – 29 Jul 2026

▼3▲1

Cogent sells data centers, faces wave of backlog lawsuits

Data center sale sharpens focus Cogent closed the sale of 10 data centers for $225 million in cash. That brings in money, trims a side business, and lets management concentrate on its core network and internet-access operations, which could support margins and cash flow over time.
It is the only genuinely new positive event this period and directly affects Cogent's capital and business focus.
Securities fraud lawsuits pile up Multiple law firms filed class actions claiming Cogent misled investors about its optical wavelength order backlog, saying most orders were unlikely to become paid ones. These suits keep legal and reputational risk in front of investors and can weigh on the stock.
The wave of new class action filings is the dominant new negative development and explains why sentiment stays pressured.
Dividend and pledged-share claims resurface The complaints also allege Cogent hid that its dividend was unsustainable and that pledged shares could be force-sold. Those claims echo the 98% dividend cut and $82.5 million of seized stock, keeping doubts about financial stability alive for investors.
It shows the lawsuits target core financial-credibility issues, not just one-off disclosure errors.
Backlog doubts tied to May stock plunge One filing points to the May 4, 2026 disclosure that customers were delaying wavelength installations, which sent the stock down 29% in a day. The lawsuits keep that demand problem in focus, reminding investors the growth story behind the wireline acquisition is still unproven.
It links the legal risk to the underlying demand weakness that drives Cogent's valuation.

July 20267 Jul – 29 Jul 2026

▼3▲1

Cogent sells data centers, faces wave of backlog lawsuits

Data center sale sharpens focus Cogent closed the sale of 10 data centers for $225 million in cash. That brings in money, trims a side business, and lets management concentrate on its core network and internet-access operations, which could support margins and cash flow over time.
It is the only genuinely new positive event this period and directly affects Cogent's capital and business focus.
Securities fraud lawsuits pile up Multiple law firms filed class actions claiming Cogent misled investors about its optical wavelength order backlog, saying most orders were unlikely to become paid ones. These suits keep legal and reputational risk in front of investors and can weigh on the stock.
The wave of new class action filings is the dominant new negative development and explains why sentiment stays pressured.
Dividend and pledged-share claims resurface The complaints also allege Cogent hid that its dividend was unsustainable and that pledged shares could be force-sold. Those claims echo the 98% dividend cut and $82.5 million of seized stock, keeping doubts about financial stability alive for investors.
It shows the lawsuits target core financial-credibility issues, not just one-off disclosure errors.
Backlog doubts tied to May stock plunge One filing points to the May 4, 2026 disclosure that customers were delaying wavelength installations, which sent the stock down 29% in a day. The lawsuits keep that demand problem in focus, reminding investors the growth story behind the wireline acquisition is still unproven.
It links the legal risk to the underlying demand weakness that drives Cogent's valuation.

Latest7 Jul – 29 Jul 2026

▼3▲1

Cogent sells data centers, faces wave of backlog lawsuits

Data center sale sharpens focus Cogent closed the sale of 10 data centers for $225 million in cash. That brings in money, trims a side business, and lets management concentrate on its core network and internet-access operations, which could support margins and cash flow over time.
It is the only genuinely new positive event this period and directly affects Cogent's capital and business focus.
Securities fraud lawsuits pile up Multiple law firms filed class actions claiming Cogent misled investors about its optical wavelength order backlog, saying most orders were unlikely to become paid ones. These suits keep legal and reputational risk in front of investors and can weigh on the stock.
The wave of new class action filings is the dominant new negative development and explains why sentiment stays pressured.
Dividend and pledged-share claims resurface The complaints also allege Cogent hid that its dividend was unsustainable and that pledged shares could be force-sold. Those claims echo the 98% dividend cut and $82.5 million of seized stock, keeping doubts about financial stability alive for investors.
It shows the lawsuits target core financial-credibility issues, not just one-off disclosure errors.
Backlog doubts tied to May stock plunge One filing points to the May 4, 2026 disclosure that customers were delaying wavelength installations, which sent the stock down 29% in a day. The lawsuits keep that demand problem in focus, reminding investors the growth story behind the wireline acquisition is still unproven.
It links the legal risk to the underlying demand weakness that drives Cogent's valuation.