$103.92
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SATS News8 articles
EchoStar Tumbles as SpaceX Direct Listing Dims Proxy Appeal
EchoStar plunged 11% on Friday as SpaceX's IPO allowed direct investment, reducing the proxy appeal. The stock now hinges on closing the AT&T spectrum sale and addressing a defaulted interest payment.
EchoStar Soars on SpaceX IPO Hopes, But Debt and Revenue Woes Loom
EchoStar stock rallied on SpaceX IPO excitement, but the company faces a $183 million interest payment deferral and declining core revenue.
EchoStar Shares Soar on SpaceX IPO Anticipation
EchoStar shares jumped 9.1% to $125.67 as SpaceX's $75 billion IPO nears, with the company seen as a key proxy for SpaceX exposure due to spectrum deals.
EchoStar shares slide ahead of pivotal week with SpaceX IPO, spectrum deal in focus
EchoStar shares fell 6.7% Friday, closing at $116.28, as traders assess the SpaceX IPO, AT&T spectrum deal, and a missed interest payment with a 30-day grace period.
EchoStar Gains After FCC Greenlights $40B Spectrum Sale
EchoStar shares closed up 1.57% at $137.23 after the FCC approved its $40 billion spectrum sale to AT&T and SpaceX, but a $2.4 billion escrow requirement and weak pay-TV trends pose risks.
EchoStar Shares Rise After FCC Greenlights Major Spectrum Deal
EchoStar shares rose 7.9% last week, closing at $137.23 after the FCC approved $40B in spectrum sales to SpaceX and AT&T, though a $2.4B escrow requirement and debt concerns linger.
Top US Carriers Join Forces for Satellite Network to End Dead Zones
AT&T, Verizon, and T-Mobile announced an unprecedented partnership to create a satellite-based network connecting standard phones directly to satellites, aiming to eliminate wireless dead zones across the U.S.
EchoStar Surges on FCC Spectrum Sale Approval, SpaceX Proxy Status Grows
EchoStar shares jumped after FCC approval of $40B spectrum sales to AT&T and SpaceX, with a $2.4B escrow condition. Q1 revenue dipped to $3.67B as subscriber losses continued.