US stock abnormal movement | EchoStar Corporation (SATS.US) continues to rise by over 10%, surging by 86% in two days

According to the Tencent Finance APP, on Wednesday, EchoStar Corporation (SATS.US) continued to rise by over 10%, with a total surge of 86% in two days, closing at $56.46. On the news front, the company has agreed to sell its spectrum license to AT&T (T.US) for approximately $23 billion. This deal will help the company avoid bankruptcy and resolve regulatory issues related to its use of radio waves.