Top Stock Movers Now: EchoStar, Robinhood, T-Mobile, and More
1. SATS shares surged after EchoStar sold spectrum licenses to SpaceX for $17 billion. 2. The agreement is expected to resolve regulatory issues for EchoStar's satellite rights. 3. U.S. equities rose as key inflation data is anticipated this week. 4. Other wireless sector stocks fell due to the EchoStar-SpaceX deal. 5. EchoStar's deal follows a prior agreement with AT&T, strengthening its market position.