Analyst Downgrade Dings DISH Following CFO Exit


DISH Network has been in the news in recent weeks mainly for its bitter impasse over a new retransmission fee agreement with the nation’s leading Hispanic multimedia company, Univision Communications.

What’s not been widely reported is the company’s stock price erosion seen in the last 12 months. Less than two weeks ago, DISH shares were flirting with a new record low, achieved in early June. Now, DISH could be heading downward once again as an influential Wall Street analyst downgraded the company, which just lost its CFO to a large senior living company.

Please Login to view this premium content. (Not a member? Join Today!)