EchoStar Corp (SATS) stock soars 49% as Trump intervenes in FCC battle

From Yahoo Finance: 2025-06-22 14:57:00

EchoStar Corporation (NASDAQ:SATS) soared 49% in a week to $25.12, thanks to President Donald Trump’s intervention in its FCC battle. Trump urged a deal over EchoStar’s wireless spectrum licenses, easing bankruptcy fears. Investors see potential in SATS, but some believe AI stocks offer higher returns and less risk.

A telecom engineer sits behind a control board in a comms facility. EchoStar Corporation (NASDAQ:SATS) investors are hopeful about the company’s future after Trump’s involvement, reducing concerns about bankruptcy. For those seeking AI investments, some believe other stocks offer greater promise. Check out the best short-term AI stock in our free report.

Read more: EchoStar Corp (SATS) Flies 49% Higher W/W as Trump Intervenes on FCC Battle