EchoStar Corporation is trading 4.1% down at $104.71 following a sharp multi-day slide driven by ongoing balance-sheet concerns and recent liquidity maneuvers.
- The company’s DISH unit recently utilized a 30-day grace period to pay delayed note interest, finally settling on June 18 while awaiting proceeds from an AT&T transaction.
- Investors remain focused on the company's high leverage and execution risks associated with its turnaround plan and upcoming refinancing requirements.