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EchoStar: Is SATS Stock A Buy After 70% Rise?
Forbes· 2025-08-27 13:15
CANADA - 2025/05/24: In this photo illustration, the EchoStar Corporation (Echo Star) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesEchoStar's stock climbed 70% on August 26, 2025, after the company revealed a $23 billion spectrum sale to AT&T for 50 MHz of nationwide spectrum. This deal provides a crucial lifeline for the heavily indebted company, which carries about $30 billion in total d ...