Sats stock price closed up 1

SATS stock price closed up 1.5% yesterday, supported by strong quarterly revenue growth. Market sentiment remains positive, with institutional investors expanding positions, hinting at potential upward pressure if macroeconomic conditions remain stable. EchoStar SATS is reportedly looking to sell some of its $10 billion in AWS-3 wireless spectrum to Verizon Communications ( VZ ) Meanwhile, the FCC noted in a letter to Charles Ergen, Chairman of EchoStar, that it had issued instructions for EchoStar’s 5G service deployment to be cleared as satisfactory. The telecom regulator mentioned its intention to confirm EchoStar’s exclusive rights to a major spectral block for both ground and satellite applications. These revisions reflect optimism around operational efficiency gains.