President Donald Trump has intervened to push EchoStar Corp. and Federal Communications Commission Chairman Brendan Carr to resolve a dispute over the satellite communications company’s valuable spectrum licenses.

President Trump on Friday hailed Senate Republican committee chairs for reaching a deal with Sens. Mike Rounds (R-S.D.) and Deb Fischer (R-Neb.) on auctioning of government-owned spectrum. Rounds and Fischer had held up Trump’s “big,

WASHINGTON (Reuters) -President Donald Trump urged EchoStar Corp Chairman Charlie Ergen and Federal Communications Commission Chair Brendan Carr to reach a deal over the fate of the company's wireless spectrum licenses, Bloomberg reported on Friday. EchoStar shares were up 52% in after-hours trading Friday on the report.

EchoStar Corporation (NASDAQ:SATS) is one of the 10 Stocks Post Jaw-Dropping Gains. EchoStar Corporation jumped by 50 percent on Monday to close at $25.11 apiece as investor sentiment was buoyed by reports that President Donald Trump stepped in to its ongoing battle with the Federal Communications Commission (FCC),

EchoStar Corp. (NASDAQ:SATS) saw its stock skyrocket by 45% after former President Donald Trump reportedly stepped in to mediate a contentious standoff between the company and the Federal Communications Commission (FCC) over high-value spectrum licenses.

EchoStar (SATS) shares are up nearly 50% on Monday following news that President Donald Trump wants the satellite communications firm to strike a deal with the Federal Communications Commission (FCC).

The president urged the satellite operator and the FCC to make a deal regarding wireless spectrum the company controls, Bloomberg reported.

Shares of EchoStar rose as much as 50% on Monday following a late Friday Bloomberg report that U.S. President Donald Trump urged EchoStar Chairman Charlie Ergen and Federal Communications Commission Chair Brendan Carr to reach a deal over the fate of the company's wireless spectrum licenses.

EchoStar’s stock was having its best day in 17 years after a report that President Trump has tried end the dispute between the company and the FCC.

A top MAGA pollster has warned that the Republicans may lose the majority in Congress “for the next decade” if President Donald Trump gets the U.S. more closely embroiled in the Israel-Iran conflict.