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$Globalstar (GSAT.US)$ Globalstar (GSAT) skyrocketed more t...

$Globalstar (GSAT.US)$

Globalstar (GSAT) skyrocketed more than 64% higher following an Appleinsider report the new Apple (AAPL) iPhone 13 equipped with Qualcomm (QCOM) X60 chips will allow users to make calls in dead zones by connecting with low-Earth orbit satellites. Shares of Globalstar rival Iridium Communications (IRDM) also were climbing 15% on speculation Apple will partner with it - rather than Globalstar - for satellite connectivity.

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