How Charlie Ergen's SpaceX windfall could net billions [Yahoo! Finance Canada]
EchoStar Corporation - Common stock (SATS)
Last echostar corporation - common stock earnings: 2/20 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.echostar.com/investors
Company Research
Source: Yahoo! Finance Canada
Dish, and its sister company EchoStar ( ), at the time represented the big bet that Charlie Ergen, a onetime professional gambler, made on the satellite TV business in the early 1980s. By 2015, Ergen was on the Forbes 400 list and was worth over $20 billion. But then cord-cutting came along and slowly ate into those subscribers. Ergen, sensing the changing tide, started buying up wireless spectrum as a means to eventually provide a wireless service, but he also saw hoarding the spectrum as an opportunity. He spent billions on it and didn't do much to develop it, other than offering prepaid carrier service through Boost Mobile (which he acquired from Sprint's collapse). Dish's stock tumbled in the years that followed. Eventually, Ergen merged it with EchoStar in 2023, but the damage was done; Ergen's net worth had dipped below $1 billion by then. But EchoStar held potentially billions of dollars' worth of spectrum. This is what actually saved the company from a possible bankru
Show less
Read more
Impact Snapshot
Event Time:
SATS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SATS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SATS alerts
High impacting EchoStar Corporation - Common stock news events
Weekly update
A roundup of the hottest topics
SATS
News
- How Charlie Ergen's SpaceX windfall could net billions [Yahoo! Finance]Yahoo! Finance
- What EchoStar's spectrum deal means for SpaceX ahead of IPO [Yahoo! Finance]Yahoo! Finance
- What EchoStar's spectrum deal means for SpaceX ahead of IPO [Yahoo! Finance Canada]Yahoo! Finance Canada
- Hughes Named as a Leader in 2026 Gartner® Magic Quadrantâ„¢ for Managed Network Services [Yahoo! Finance]Yahoo! Finance
- Hughes Named as a Leader in 2026 Gartner® Magic Quadrantâ„¢ for Managed Network ServicesGlobeNewswire
SATS
Earnings
- 3/2/26 - Miss
SATS
Sec Filings
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- SATS's page on the SEC website