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Broadcasting & Cable
Broadcasting & Cable
Business
Jack Reid

Death Spiral? EchoStar’s Already-Hammered Stock Has Dropped 14% Since Friday’s Earnings Report

EchoStar Hamid Akhavan Dish Dish Network
EchoStar.

Share prices for Dish Network parent EchoStar have taken a dive in the days since the company published its second quarterly earnings report, revealing about $2 billion in debt due over the next three months.

Currently, stock for the media giant is trading at $16.23, with overall share price down more than 14% in the past five days.

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