EchoStar Corporation (ECHO), headquartered in Englewood, Colorado, is a global communications company providing satellite, wireless, broadband, and video services. It delivers connectivity, networking, and content solutions to consumers, businesses, operators, and government customers, leveraging its technology, spectrum, engineering capabilities, and communications infrastructure worldwide. The company has a market capitalization of approximately $25.1 billion.
Shares of ECHO have considerably outperformed the broader market over the past year. ECHO has advanced 68.3% over this period, while the broader S&P 500 Index ($SPX) has advanced 18.7%. On a year-to-date basis, however, ECHO has underperformed, plunging 21.2%, compared with the index’s 12.1% gain over the same period.
