![8 Marketing Principles You’ll Wish You Knew When You First Started [Infographic]](https://imgproxy.divecdn.com/IrFUUizSVZJGsPem_wXXddL_nQGNvo8QImauGCOQCxo/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS84X21hcmtldGluZ19wcmluY2lwbGVzX2luZm8yLnBuZw==.webp)
Why EchoStar Stock Plummeted by Over 16% Today
It's almost never encouraging for an investor to learn of a federal government investigation into one of their companies. That was the news driving down telecom services provider EchoStar (NASDAQ: SATS) on Monday; the market shunned the stock, to the point where it closed the day more than 16% down in price. The S&P 500 (SNPINDEX: ^GSPC), meanwhile, had a banner day with a nearly 3.3% gain.EchoStar is the company that operates both the Boost Mobile budget telecom brand, and the Dish Network satellite TV service.Image source: Getty Images.Continue reading
It's almost never encouraging for an investor to learn of a federal government investigation into one of their companies. That was the news driving down telecom services provider EchoStar (NASDAQ: SATS) on Monday; the market shunned the stock, to the point where it closed the day more than 16% down in price. The S&P 500 (SNPINDEX: ^GSPC), meanwhile, had a banner day with a nearly 3.3% gain.
EchoStar is the company that operates both the Boost Mobile budget telecom brand, and the Dish Network satellite TV service.
Image source: Getty Images.
