Satellite services provider $Globalstar (GSAT.US)$ stock was up 44% in early trading and jumped as high as 50% at one point on Monday.
Following rumors that $Apple (AAPL.US)$’s new iPhone will include satellite communications technology. That would allow owners of the device, expected to be called the iPhone 13, to be able to make calls and send texts, even when they’re in dead zones that have weak 4G or 5G cellular signals.