Analyst Downgrade Dings DISH Following CFO Exit

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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.

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