“What A Comeback,” Says Jim Cramer About Its 97% Share Price Jump

EchoStar Corporation (NASDAQ:SATS) made headlines recently when its shares skyrocketed by a staggering 97% in just two days. This surge came after the company announced plans to sell its spectrum to AT&T and convert its Boost Mobile network into a hybrid mobile network. The deal, valued at $23 billion, not only boosted the stock price but also helped resolve some of EchoStar’s long-standing disputes with the FCC.

Jim Cramer, renowned stock market expert, commented on the remarkable price movement, stating, “It’s an incredible comeback for something that many had written off.”

During the company’s Q2 2025 earnings call, EchoStar Corporation (NASDAQ:SATS) management addressed the impact of the FCC investigation on its business. The investigation led to delayed interest payments, as the company strongly disagreed with the factual and legal basis of the FCC’s inquiries. Following a meeting between EchoStar’s Chairman and FCC Chairman Carr, President Trump encouraged the parties involved to reach a positive resolution. As a result of ongoing discussions with the FCC and other entities, EchoStar made delayed interest payments within the permissible grace periods.

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In conclusion, EchoStar Corporation’s recent success has caught the attention of investors and analysts alike. The company’s strategic moves and resolution of regulatory issues have propelled its stock to new heights. As the market continues to evolve, opportunities for growth and investment in sectors like AI are worth exploring. For more insights on potential investment opportunities, consider exploring reports on stocks that are poised for significant growth in the coming years and hidden gems in the AI sector.

Disclosure: None. This article was originally published on Insider Monkey.