Three stocks have been added to the Zacks Rank #5 (Strong Sell) List as of today: AST SpaceMobile (ASTS), Amplify Energy (AMPY), and Arcosa (ACA). Each of these companies has recently seen significant downward revisions in their earnings estimates over the past 60 days, with ASTS down 75.6%, AMPY down 37.4%, and ACA down 17.3%.
AST SpaceMobile aims to build a space-based cellular broadband network for standard mobile devices. Amplify Energy engages in the exploration and production of oil and natural gas, while Arcosa focuses on infrastructure-related products and services for construction, energy, and transportation markets.
