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DISH Network (DISH) in Focus: Stock Moves 5.7% Higher
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DISH Network Corporation was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $46.49 –$51.70 in the past one-month time frame, witnessed a sharp increase yesterday.
The company’s shares rose amid speculation that T-Mobile might be interested in pursuing DISH Network's spectrum portfolio.
The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
DISH Network currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Is DISH going up? Or down? Predict to see what others think: Up or Down
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
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DISH Network (DISH) in Focus: Stock Moves 5.7% Higher
DISH Network Corporation was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $46.49 –$51.70 in the past one-month time frame, witnessed a sharp increase yesterday.
The company’s shares rose amid speculation that T-Mobile might be interested in pursuing DISH Network's spectrum portfolio.
The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
DISH Network currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
DISH Network Corporation Price
DISH Network Corporation Price | DISH Network Corporation Quote
A better-ranked stock in the Cable Television industry is Rogers Communication, Inc. (RCI - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is DISH going up? Or down? Predict to see what others think: Up or Down
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>