EchoStar Corporation (SATS) saw a 15.19% increase after addressing FCC inquiry on 5G obligations.

From Yahoo Finance: 2025-05-14 20:16:00

Ten individual stocks surged by double digits on Wednesday, boosted by US-China trade truce. Tech-heavy Nasdaq grew 0.72%, S&P 500 rose 0.10%, while Dow Jones declined 0.21%. EchoStar Corporation (SATS) saw a 15.19% increase to $22.78 after addressing FCC inquiry on 5G obligations. Company chairman emphasized collaborative efforts and job creation.

Despite a widened net loss of 88.7% in Q1 and a 3.6% drop in revenues, EchoStar Corporation (SATS) ranks 6th in the list of top-performing stocks. While SATS shows potential, focus on AI stocks for higher returns. Check out the report on the cheapest AI stock for more promising investment opportunities.

Read more: Why EchoStar Corporation (SATS) Skyrocketed On Wednesday