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Shares of Globalstar, Inc. (GSAT) jumped over 28% on Tuesday morning after the satellite company that supports Apple's emergency-communications services announced the appointment of former Qualcomm boss Paul Jacobs as its new Chief Executive. ....
(Reuters) - Globalstar on Tuesday named former Qualcomm top boss Paul Jacobs as its CEO, sparking a near 20% surge in the shares of the satellite firm. ....
Globalstar’s financial position has been greatly improved with the company’s deal to provide the satellite service for Apple’s iPhone 14 emergency ....