EchoStar Stock Rises as FCC Approval Reprices the SpaceX Bet — and the Escrow Risk
EchoStar shares climbed Wednesday morning after the FCC signed off on the company’s proposed spectrum deals with AT&T and SpaceX. According to Public.com, SATS was trading at $134.74 as of 7:00 a.m. Eastern—up 4.14% from its $129.38 finish on Tuesday. Sherwood previously reported a premarket jump of over 7%.