Why EchoStar Stock Surged Higher Today

Shares of satellite communications company (NASDAQ: SATS) have been rocketing higher this month. The stock continued its ascent today.

After surging as much as 7.4%, EchoStar stock remained higher by 6.8% as of 12:05 p.m. ET. That has helped it soar by over 36% in December alone.

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Source Fool.com