EchoStar (SATS) Moves 49.1% Higher: Will This Strength Last?

EchoStar (SATS) shares ended the last trading session 49.1% higher at $25.11. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 28% loss over the past four weeks.The stock price appreciated after Bloomberg reported that President Donald Trump intervened in a regulatory dispute involving the company’s wireless spectrum licenses. Trump reportedly has urged Chairman of EchoStar and the Chairman of FCC to bring a resolut ...