EchoStar Stock Jumps After Hiring Advisors to Evaluate Options

Jan. 10, 2024 11:43 am ET

Shares of EchoStar, which recently merged with Dish Network, jumped after the telecommunications company said it has hired advisors to help evaluate potential strategic alternatives.

The stock climbed 34%, to $16.96, in morning trading. Shares are now up about 3% over the past 12 months.

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