EchoStar Corporation
Company Name | EchoStar Corporation |
Stock Symbol | SATS |
On May 12, 2025, The Wall Street Journal reported that the Federal Communications Commission had notified EchoStar that it would be investigating the Company’s compliance with federal requirements to build a nationwide 5G network.
On this news, EchoStar’s stock price fell $4.01, or 16.9%, to close at $20.18 per share on May 12, 2025, thereby injuring investors.
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