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Friday, June 2, 2023

Dish Network Stock Surges, Partially Reversing Deep Selloff - The Wall Street Journal

Dish Network was the S&P 500's top performer shortly Friday morning, after a report of Amazon's possible entry into the telecom business sent stocks spinning.

The news had the stock on pace for its largest percentage increase in about two years, according to Dow Jones Market Data.

That's a welcome change for shareholders. Dish is down 49% this year, even including today's gain. That's the second worst performer in the index so far in 2023. The stock reached a 24-year low earlier this year.

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Dish Network Stock Surges, Partially Reversing Deep Selloff - The Wall Street Journal
"network" - Google News
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