Stocks to Watch: iRobot, AST SpaceMobile, Mesa Air Group
Summary
The European Unions competition watchdog intends to block Amazons $1.7 billion bid to purchase iRobot, The Wall Street Journal reported. Officials from the European Commission, the unions executive body, met on Thursday with representatives from Amazon to discuss the deal, the Journal reported, citing an unnamed source. Shares of iRobot, the maker of Roomba, tumbled 39% in after-hours trading.AST SpaceMobile plans to sell $100 million of common stock in a public offering, a move that came minutes after the company said it had received investments from AT&T and Google, as well as a additional funds from existing investor Vodafone. Shares of AST fell 7.5% in after-hours trading.Mesa Air Group struck several agreements meant to bolster is liquidity with partner United Airlines. Mesa also struck a deal to extinguish $12.6 million of an outstanding United bridge loan and a revolving credit facility debt in exchange for Mesas stake in Heart Aerospace, a privately held company.