For hedge fund manager Sahm Adrangi, 2016 is the year that can not end quickly enough. Seven months after raising a fund to bet against the stock of direct broadcast service provider DISH Network and nearly four months after being arrested following a car crash in the Hamptons, assets at Adrangi's firm have been nearly cut in half, two people who are familiar with the fund's operations said. DISH's stock price has climbed since Kerrisdale unveiled its short position in May and the accident, which was covered widely in the press, has unnerved some investors.
U.S. telecom regulator, the Federal Communications Commission (FCC), is likely to commence the stage 3 of the second part (forward auction) of the ongoing Incentive Auction.
- Investor's Business Daily•yesterday
Analysts say AT&T will likely win the federal contract award for FirstNet, the federal government's plan to create a nationwide wireless broadband network.
DISH : Summary for DISH Network Corporation - Yahoo Finance
Dish Network Corporation (DISH)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Day's Range||56.55 - 58.77|
|52 Week Range||38.85 - 60.88|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||27.88|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|