EchoStar is trading at $91.19, down 4.11%, amid investor focus on the company’s SpaceX exposure.
- A report said SpaceX was also down on profit-taking after a recent rally.
- EchoStar’s trading volume was below average, and shares underperformed a firmer communication-services sector, according to the report.
- Broad indexes were nearly flat, and no confirmed new company-specific catalyst was found.