EchoStar Option Alert: Jul 18 $30 Calls at the Bid: 5154 vs 11203 OI; Earnings 8/8 Before Open [est] 

EchoStar Option Alert: Jul 18 $30 Calls at the Bid: 5154 @ $2.35 vs 11203 OI; Earnings 8/8 Before Open [est] Ref=$31.9

EchoStar Option Alert: Jan 16 $40 Calls at the Bid: 5000 vs 31216 OI; Earnings 8/8 Before Open [est] 

EchoStar Option Alert: Jan 16 $40 Calls at the Bid: 5000 @ $4.15 vs 31216 OI; Earnings 8/8 Before Open [est] Ref=$30.83

EchoStar (NASDAQ:SATS) Bolsa

EchoStar

Satellite television provides the bulk of EchoStar's revenue. The firm serves about 6 million US satellite customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. The firm's focus is now on the wireless market. EchoStar has amassed an extensive portfolio of spectrum licenses and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 7 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 850,000 internet customers.

Germany,-,April,19,2024:,Coinbase,Mobile,Application,Running,On,Smartphone

Earnings

Long Ideas

News

Pre-Market Outlook

Markets

Trading Ideas

COIN

LYFT

SATS

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este viernes: SATS, LYFT, PAA, ST y COIN.

5 acciones en el foco este viernes: SATS, LYFT, PAA, ST y COIN

AMCX

DOCS

TTWO

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este viernes: SATS, TTWO, AXL, DOCS y AMCX.

5 acciones en el foco este viernes: SATS, TTWO, AXL, DOCS y AMCX

EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) shares are trading higher Friday after the company confirmed President Trump encouraged it and the FCC chair to reach a deal over its wireless spectrum licenses and a report that stated EchoStar is making <a href="https://www.benzinga.com/pressreleases/25/06/n46043459/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-echostar-corporati">delayed interest payments, averting default.</a>
The move comes as EchoStar continues to face regulatory uncertainty stemming from an ongoing Federal Communications Commission review of its use of cellular and satellite spectrum licenses. The company had initially withheld payments to allow time to gather information and explore potential resolutions with the FCC. According to a company filing, EchoStar Chairman recently met with FCC Chair Brendan Carr to discuss concerns about possible changes to previously approved spectrum construction timelines and usage rules, which could threaten company operations.
What To Know: The payments, originally due on May 30 and June 2, are being made within the 30-day grace periods, satisfying requirements under the company's bond agreements.
The regulatory pressure has triggered concerns among creditors but the company emphasized that it is acting in good faith to cure technical defaults while continuing discussions. President Trump reportedly encouraged both EchoStar and the FCC to work toward a resolution, a development that may have further calmed investor fears.
While the company is addressing the previous missed payments, it also disclosed that it will not be making $114 million in interest payments due on July 1, tied to senior notes maturing in 2026 and 2028, according to the <a href="https://www.wsj.com/business/telecom/echostar-making-delayed-interest-payments-averting-default-dda1d563">Wall Street Journal.</a> These payments are also subject to a 30-day grace period and the company has not ruled out further delays as it evaluates its strategic options amid ongoing regulatory negotiations.
SATS Price Action: Echostar Corporation shares were up 12.7% at $28.69 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
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Image Via Shutterstock.

Movers

EchoStar Shares Surge After Interest Payments Avert Default, Trump Urges FCC Resolution

WIIM

EchoStar shares are trading higher after the company confirmed President Trump encouraged it and the FCC chair to reach a deal over its wireless spectrum licenses, and after WSJ reported EchoStar is making delayed interest payments, averting default.

<a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001415404/000141540425000031/tmb-20250627x8k.htm">https://www.sec.gov/ix?doc=/Archives/edgar/data/0001415404/000141540425000031/tmb-20250627x8k.htm</a>

General

Echostar Confirms President Trump Encouraged Company, FCC Chair To Reach Deal Over Fate Of Company's Wireless Spectrum Licenses

<a href="https://www.wsj.com/business/telecom/echostar-making-delayed-interest-payments-averting-default-dda1d563">https://www.wsj.com/business/telecom/echostar-making-delayed-interest-payments-averting-default-dda1d563</a>

'EchoStar Making Delayed Interest Payments, Averting Default'- WSJ

EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) shares are trading higher Monday following reports indicating President Donald Trump stepped in to mediate a high-stakes spectrum dispute between the company and the Federal Communications Commission (FCC).
What To Know: The stock movement came after it was revealed that Trump met with EchoStar President Charlie Ergen and FCC Chairman Brendan Carr in the Oval Office to push for a resolution regarding the company's threatened wireless spectrum licenses, according to <a href="https://www.bloomberg.com/news/articles/2025-06-13/trump-urged-ergen-carr-to-cut-a-deal-on-echostar-spectrum?embedded-checkout=true">Bloomberg.</a>
The FCC had launched an investigation in May into whether EchoStar was fulfilling its obligations to utilize valuable spectrum assets for wireless and satellite communications. Facing mounting pressure from regulators and financial strain, including missed bond payments and discussions of potential bankruptcy, Ergen sought direct talks with Carr. After initial attempts to reach him were unsuccessful, the two finally met Wednesday. Carr reportedly told Ergen that EchoStar risked losing its licenses unless it began selling portions of its underutilized spectrum.
 Trump, concerned about the broader implications of a major American company collapsing, called Carr into the Oval Office during the meeting and urged both parties to reach an agreement. 
While EchoStar has not yet made any public statements, the White House has also declined to comment on specifics. 
EchoStar Price Action: EchoStar shares were up 48.5% at $25.01 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a>
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Image Via Shutterstock.

What's Going On With EchoStar Shares Today?

U.S. stocks traded higher midway through trading, with the S&amp;P 500 gaining around 1% on Monday.
The Dow traded up 0.80% to 42,536.72 while the NASDAQ climbed 1.51% to 19,699.21. The S&amp;P 500 also rose, gaining, 0.97% to 6,034.20.
Check This Out: <a href="https://www.benzinga.com/analyst-stock-ratings/initiation/25/06/45948648/this-boston-scientific-analyst-begins-coverage-on-a-bullish-note-here-are-top-5-initiations-for-monday">This Boston Scientific Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday</a>
Leading and Lagging Sectors Financial shares jumped by 1.7% on Monday.
In trading on Monday, energy stocks fell by 0.6%.
Top Headline
The New York Empire State Manufacturing Index dipped to a reading of -16 in June compared to May's reading of -9.2, and also down from market estimates of -5.5.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li>Sage Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGE#NASDAQ">SAGE</a>) shares shot up 35% to $9.02 after Supernus Pharmaceuticals agreed to acquire the company.</li>
<li>Shares of SRM Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRM#NASDAQ">SRM</a>) got a boost, surging 293% to $5.68 after the company entered a securities purchase agreement with a private investor for a $100 million equity investment, which it will use to initiate a TRON token treasury strategy.</li>
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) shares were also up, gaining 47% to $24.78 after President Trump reportedly urged Ergen and Carr to cut a deal on the company&#8217;s spectrum.</li>
</ul>
Equities Trading DOWN
<ul class="wp-block-list">
<li>Robin Energy Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBNE#NASDAQ">RBNE</a>) shares dropped 56% to $6.17. Robin Energy announced pricing of $5.1 million registered direct offering priced at-the-market under Nasdaq rules.</li>
<li>Shares of Sarepta Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) were down 47% to $19.15 after the company suspended ELEVIDYS shipments and paused the ENVISION trial following a second fatal liver failure in non-ambulatory Duchenne patients.</li>
<li>LZ Technology Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZMH#NASDAQ">LZMH</a>) was down, falling 24% to $12.30.</li>
</ul>
Commodities In commodity news, oil traded down 4% to $70.06 while gold traded down 1.2% at $3,413.10.
Silver traded up 0.1% to $36.38 on Monday, while copper rose 0.2% to $4.8245.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 0.50%, while Spain's IBEX 35 Index rose 1.41%. London's FTSE 100 gained 0.43%, Germany's DAX 40 rose 0.71% and France's CAC 40 climbed 0.92% during the session.
Asia Pacific Markets
Asian markets closed higher on Monday, with Japan's Nikkei gaining 1.26%, Hong Kong's Hang Seng Index rising 0.70%, China's Shanghai Composite rising 0.35% and India's BSE Sensex climbing 0.84%.
Economics
The New York Empire State Manufacturing Index dipped to a reading of -16 in June compared to May's reading of -9.2, and also down from market estimates of -5.5.
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</ul>
Photo via Shutterstock

Equities

Eurozone

Commodities

LZMH

RBNE

SAGE

SRPT

S&P 500 Surges 1%; New York Manufacturing Activity Tumbles In June

U.S. stocks were higher, with the Dow Jones index gaining around 500 points on Monday.
Shares of Sage Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGE#NASDAQ">SAGE</a>) rose sharply during Monday's session after Supernus Pharmaceuticals <a href="https://www.benzinga.com/quote/SAGE">agreed to acquire the company</a>.
Supernus Pharmaceuticals on Monday agreed to acquire Sage Therapeutics for $12.00 per share in cash, or an aggregate of up to approximately $795 million.
The deal consideration includes $8.50 per share in cash (or an aggregate of approximately $561 million) plus one non-tradable contingent value right (CVR) collectively worth up to $3.50 per share in cash (or an aggregate of approximately $234 million).
Sage Therapeutics shares climbed 35.6% to $9.09 on Monday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) shares jumped 48.2% to $24.96 after President Trump reportedly urged Ergen and Carr to cut a deal on the company&#8217;s spectrum.</li>
<li>AIRO Group Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRO#NASDAQ">AIRO</a>) jumped 42% to $31.11 after jumping 140% on Friday. AIRO Group priced its $60 million initial public offering of 6 million common shares at $10 per share.</li>
<li>Circle Internet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) gained 22.1% to $163.13.</li>
<li>Arqit Quantum Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARQQ#NASDAQ">ARQQ</a>) rose 21% to $28.77.</li>
<li>NANO Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) gained 17.4% to $35.83. NANO Nuclear Energy announced that Matthew Barry has joined the Company as its Director of Investor Relations.</li>
<li>TSS, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSSI#NASDAQ">TSSI</a>) rose 17.4% to $21.63.</li>
<li>TMC the metals company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMC#NASDAQ">TMC</a>) rose 17.1% to $5.08 after Korea Zinc announced an equity investment of $85.2 million in the company.</li>
<li>UroGen Pharma Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URGN#NASDAQ">URGN</a>) climbed 17% to $14.05.</li>
<li>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) surged 15.6% to $19.17.</li>
<li>NextNav Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) gained 15.6% to $14.88.</li>
<li>Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) rose 10.3% to $82.06 after the company announced a new integration with Amazon Ads.</li>
<li>Hims &amp; Hers Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) gained 10.2% to $61.17.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) rose 10% to $42.21.</li>
<li>Uranium Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UEC#NYSE">UEC</a>) gained 9.8% to $6.87.</li>
<li>Newell Brands Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) rose 9.5% to $5.74.</li>
<li>Darling Ingredients Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAR#NYSE">DAR</a>) gained 9.1% to $39.28. Darling Ingredients announced offering of €750 Million of senior notes by Darling Global Finance B.V. and proposed entry into a new amended and restated credit agreement.</li>
<li>MP Materials Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) rose 9% to $33.42.</li>
<li>Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) surged 8.5% to $126.01.</li>
<li>The Estée Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) gained 7.9% to $72.67.</li>
<li>Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) climbed 6% to $71.15. Marvell Technology announced a quarterly dividend of 6 cents per share of common stock.</li>
</ul>
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45946608/top-3-materials-stocks-that-could-blast-off-this-month-3">Top 3 Materials Stocks That Could Blast Off This Month</a> </li>
</ul>
Photo via Shutterstock

Intraday Update

AIRO

ARQQ

ASTS

CRCL

Hims & Hers Health, Inc. Class A Common Stock

HIMS

MRVL

QUBT

ROKU

TSSI

URGN

Sage Therapeutics, Roku, EchoStar And Other Big Stocks Moving Higher On Monday

EchoStar shares are trading higher after President Trump reportedly urged Ergen and Carr to cut a deal on the company's spectrum

Shares of Incyte Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INCY#NASDAQ">INCY</a>) rose sharply in today's <a href="https://www.benzinga.com/quote/INCY">pre-market trading</a>.
QIAGEN and Incyte disclosed a precision medicine collaboration to develop companion diagnostics for patients with mutant CALR-expressing Myeloproliferative Neoplasms (MPNs).
Incyte shares jumped 9.6% to $74.25 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul class="wp-block-list">
<li>TMD Energy Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMDE#NYSE">TMDE</a>) surged 203% to $3.85 in pre-market trading after gaining over 75% on Friday.</li>
<li>Regencell Bioscience Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGC#NASDAQ">RGC</a>) shares jumped 169.6% to $43.00 in pre-market trading after dipping 97% on Friday.</li>
<li>Battalion Oil Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BATL#NASDAQ">BATL</a>) jumped 166% to $4.37 in pre-market trading after gaining 15% on Friday.</li>
<li>OceanPal Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OP#NASDAQ">OP</a>) gained 91.9% to $3.09 in pre-market trading after gaining 123% on Friday.</li>
<li>K Wave Media Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KWM#NASDAQ">KWM</a>) rose 69.3% to $4.91 in pre-market trading after tumbling over 50% on Friday.</li>
<li>New Era Helium, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEHC#NASDAQ">NEHC</a>) climbed 51.1% to $0.8206 in pre-market trading after declining around 10% on Friday. New Era Helium, last week, announced that its joint venture with Sharon AI, Texas Critical Data Centers, is in active discussions with enterprises to anchor its planned AI infrastructure buildout in Texas.</li>
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) rose 47.8% to $24.83 in pre-market trading after falling 7% on Friday.</li>
<li>AIRO Group Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRO#NASDAQ">AIRO</a>) surged 30.2% to $31.25 in pre-market trading after jumping 140% on Friday. AIRO Group priced its $60 million initial public offering of 6 million common shares at $10 per share.</li>
<li>IperionX Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPX#NASDAQ">IPX</a>) gained 13% to $29.31 in pre-market trading after falling 5% on Friday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul class="wp-block-list">
<li>Sarepta Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRPT#NASDAQ">SRPT</a>) shares tumbled 31.4% to $24.86 in pre-market trading after the company suspended ELEVIDYS shipments and paused ENVISION trial after second fatal liver failure in non-ambulatory Duchenne patients.</li>
<li>Dragonfly Energy Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DFLI#NASDAQ">DFLI</a>) dipped 26.5% to $0.2228 in pre-market trading after falling 10% on Friday.</li>
<li>KULR Technology Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KULR#NYSE">KULR</a>) shares fell 21.9% to $0.8980 in pre-market trading after the company reported a 1-for-8 reverse stock split.</li>
<li>MicroAlgo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) declined 17% to $0.7141 in pre-market trading after dipping 22% on Friday.</li>
<li>Greenlane Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) fell 15.9% to $0.0085 in pre-market trading after tumbling 34% on Friday.</li>
<li>Gold Royalty Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GROY#NYSE">GROY</a>) dipped 14.7% to $1.95 in pre-market trading. Canaccord Genuity, on June 11, initiated a Buy rating on the stock and announced a $3 price target.</li>
<li>Catheter Precision, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTAK#NYSE">VTAK</a>) declined 9.8% to $0.3150 in pre-market trading after dipping 15% on Friday.</li>
<li>Solid Biosciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDB#NASDAQ">SLDB</a>) fell 8% to $4.15 in pre-market trading. JMP Securities, on June 6, reiterated its Market Outperform rating on the stock and maintained a $15 price target.</li>
<li>FiEE, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MINM#NASDAQ">MINM</a>) declined 7% to $2.47 in pre-market trading.</li>
<li>Omada Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMDA#NASDAQ">OMDA</a>) fell 5.4% to $16.18 in pre-market trading.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45924005/top-2-energy-stocks-that-may-fall-off-a-cliff-in-june">Top 2 Energy Stocks That May Fall Off A Cliff in June</a> </li>
</ul>
Photo via Shutterstock

BATL

DFLI

GNLN

GROY

INCY

KULR

MINM

MLGO

NEHC

OMDA

SLDB

TMDE

VTAK

Why Incyte Shares Are Trading Higher By Around 10%; Here Are 20 Stocks Moving Premarket

<a href="https://www.bloomberg.com/news/articles/2025-06-13/trump-urged-ergen-carr-to-cut-a-deal-on-echostar-spectrum?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-06-13/trump-urged-ergen-carr-to-cut-a-deal-on-echostar-spectrum?embedded-checkout=true</a>

'Trump Urged Ergen, Carr to Cut a Deal on EchoStar Spectrum'- Bloomberg

<a href="https://www.wsj.com/articles/echostar-bondholders-engage-law-firm-ahead-of-possible-bankruptcy-672fc09e?tpl=br" title="https://www.wsj.com/articles/echostar-bondholders-engage-law-firm-ahead-of-possible-bankruptcy-672fc09e?tpl=br">https://www.wsj.com/articles/echostar-bondholders-engage-law-firm-ahead-of-possible-bankruptcy-672fc09e?tpl=br</a>

Management

'EchoStar Bondholders Engage Law Firm Ahead Of Possible Bankruptcy; Bondholders Engaged Law Firm After The Company Skipped Interest Payments' - WSJ

EchoStar shares are trading lower following a report suggesting that the company is preparing for a possible bankruptcy filing amid FCC review.

<a href="https://www.wsj.com/articles/echostar-prepares-potential-bankruptcy-filing-amid-fcc-review-36d6be50" title="https://www.wsj.com/articles/echostar-prepares-potential-bankruptcy-filing-amid-fcc-review-36d6be50">https://www.wsj.com/articles/echostar-prepares-potential-bankruptcy-filing-amid-fcc-review-36d6be50</a>

Reported June 6, 2025: 'EchoStar Prepares Potential Bankruptcy Filing Amid FCC Review' - WSJ

Shares of Circle Internet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) rose sharply in today's pre-market trading on continued <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45821941/circle-crcl-stock-surges-after-successful-ipo-debut-whats-going-on">IPO launch strength</a>.
Circle Internet Group, the issuer of the USDC stablecoin, made a powerful public debut last week, with shares surging more than 29% on Friday following Thursday&#8217;s IPO. The stock opened at $69, more than double its $31 IPO price, giving the company an initial valuation of $6.9 billion.
Circle Internet Group shares jumped 18.1% to $126.99 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul class="wp-block-list">
<li>Klotho Neurosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLTO#NASDAQ">KLTO</a>) shares jumped 123.5% to $0.4582 in pre-market trading after the company said gene therapy boosted lifespan by 20% in mice, eyes anti-aging breakthrough.</li>
<li>Know Labs, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNW#NYSE">KNW</a>) surged 110.9% to $3.29 in pre-market trading. Know Labs shares jumped 205% on Friday after the company announced that entered into an agreement to be acquired by Goldeneye 1995. Also, the company announced a Bitcoin treasury strategy.</li>
<li>Ohmyhome Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMH#NASDAQ">OMH</a>) jumped 59.4% to $0.9627 in pre-market trading after dipping 43% on Friday. Ohmyhome, on May 21, announced a registered direct offering of 4.04 million ordinary shares at $0.45 per share.</li>
<li>PMGC Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELAB#NASDAQ">ELAB</a>) climbed 55.8% to $3.38 in pre-market trading as the company signed a Letter of Intent to acquire a profitable U.S.-based electronics manufacturing company.</li>
<li>Tempest Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPST#NASDAQ">TPST</a>) surged 32.2% to $10.90 in pre-market trading. Tempest Therapeutics, last week, announced it received orphan drug designation from the EMA for its amezalpat for the treatment of patients with hepatocellular carcinoma</li>
<li>Northann Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCL#NYSE">NCL</a>) gained 31.5% to $0.3123 in pre-market trading after dipping more than 80% on Friday. The company recently announced that it is not aware of any new material developments or pending announcements concerning its business operations that may be contributing to the recent volatile market activity.</li>
<li>PolyPid Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPD#NASDAQ">PYPD</a>) rose 23.5% to $4.0401 in pre-market trading after the company disclosed positive topline results from its pivotal SHIELD II Phase 3 trial of D-PLEX100 for the prevention of SSIs in patients undergoing abdominal colorectal surgery with large incisions, which has received Fast Track designation from the FDA.</li>
<li>Metsera, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSR#NASDAQ">MTSR</a>) rose 17.8% to $32.38 in pre-market trading after the company announced positive Phase 1 data of first-in-class once-monthly amylin candidate MET-233i.</li>
<li>Graham Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHM#NYSE">GHM</a>) gained 17.7% to $49.44 in pre-market trading following better-than-expected fourth-quarter results.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul class="wp-block-list">
<li>Sunnova Energy International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOVA#NYSE">NOVA</a>) shares tumbled 27% to $0.1586 in pre-market trading after gaining 8% on Friday.</li>
<li>The Children&#8217;s Place, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) dipped 24.1% to $ 5.21 in pre-market trading as the company posted weaker-than-expected results for its first quarter after the closing bell on Friday.</li>
<li>Namib Minerals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAMM#NASDAQ">NAMM</a>) shares fell 19.9% to $25.00 in pre-market trading after jumping 82% on Friday.</li>
<li>Silo Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SILO#NASDAQ">SILO</a>) declined 14.8% to $0.4950 in pre-market trading. Silo Pharma's recently board approved the purchase of up to $1 million in Bitcoin as a treasury reserve asset.</li>
<li>Helius Medical Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSDT#NASDAQ">HSDT</a>) declined 14.7% to $0.9300 in pre-market trading. Helius Medical Technologies, last week, announced a $9.1 million public offering.</li>
<li>Davis Commodities Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTCK#NASDAQ">DTCK</a>) dipped 14.2% to $0.69 in pre-market trading after jumping 34% on Friday.</li>
<li>Opendoor Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NASDAQ">OPEN</a>) fell 12.9% to $0.5922 in pre-market trading. Opendoor Technologies filed preliminary proxy for July 28 special meeting seeking shareholder approval for reverse stock split at ratio between 1-for-10 and 1-for-50.</li>
<li>VirnetX Holding Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VHC#NYSE">VHC</a>) fell 11.8% to $10.00 in pre-market trading after jumping over 15% on Friday.</li>
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) fell 10% to $15.74 in pre-market trading after dipping 8% on Friday.</li>
<li>Liminatus Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIMN#NASDAQ">LIMN</a>) declined 7% to $22.55 in pre-market trading.</li>
</ul>
Now Read This: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45811726/cramer-says-hes-not-going-to-really-want-to-do-a-lot-of-china-right-now">Cramer Says He&#8217;s &#8216;Not Going To Really Want To Do A Lot Of China Right Now&#8217;</a> </li>
</ul>
Photo via Shutterstock

DTCK

ELAB

HSDT

KLTO

LIMN

MTSR

NAMM

Nuveen Insured California Premium Fund Ii

NOVA

OPEN

PLCE

PYPD

SILO

Tempest Therapeutics, Inc. - Common Stock

TPST

Why Circle Internet Group Shares Are Trading Higher By Around 18%; Here Are 20 Stocks Moving Premarket

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% <a href="https://www.benzinga.com/quote/TSLA">points on Monday</a>.
Shares of Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fell sharply in today's pre-market trading.
President Donald Trump issued a warning to Elon Musk, stating that there would be "serious consequences" if Musk chooses to financially back Democratic candidates against Republicans who support the GOP's budget bill.
Tesla shares dipped 2.9% to $286.96 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul class="wp-block-list">
<li>The Children&#8217;s Place, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) tumbled 24.1% to $ 5.21 in pre-market trading as the company posted weaker-than-expected results for its first quarter after the closing bell on Friday.</li>
<li>Namib Minerals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAMM#NASDAQ">NAMM</a>) shares dipped 19.9% to $25.00 in pre-market trading after jumping 82% on Friday.</li>
<li>Opendoor Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NASDAQ">OPEN</a>) fell 12.9% to $0.5922 in pre-market trading. Opendoor Technologies filed preliminary proxy for July 28 special meeting seeking shareholder approval for reverse stock split at ratio between 1-for-10 and 1-for-50.</li>
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) fell 10% to $15.74 in pre-market trading after dipping 8% on Friday.</li>
<li>Liminatus Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIMN#NASDAQ">LIMN</a>) dipped 5.1% to $22.98 in pre-market trading. Liminatus Pharma, last week, announced it regained Nasdaq compliance.</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) fell 5.1% to $71.05 in today's pre-market trading after gaining 3% on Friday.</li>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) dipped 5.1% to $396.20 in pre-market trading.</li>
<li>Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) declined 4% to $0.9310 in pre-market trading. Plug Power filed for resale from time to time of 55 million shares of common stock offered by selling stockholder.</li>
</ul>
Now Read This: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45811726/cramer-says-hes-not-going-to-really-want-to-do-a-lot-of-china-right-now">Cramer Says He&#8217;s &#8216;Not Going To Really Want To Do A Lot Of China Right Now&#8217;</a> </li>
</ul>
Photo via Shutterstock

HOOD

PLUG

TSLA

Tesla, Children's Place And Other Big Stocks Moving Lower In Monday's Pre-Market Session

EchoStar shares are trading lower following a report suggesting the company is delaying its $183 million interest payment.

<a href="https://www.gurufocus.com/news/2903793/echostar-sats-delays-183m-interest-payment-amid-fcc-review-sats-stock-news">https://www.gurufocus.com/news/2903793/echostar-sats-delays-183m-interest-payment-amid-fcc-review-sats-stock-news</a>
&nbsp;
EchoStar (<a href="https://www.gurufocus.com/stock/SATS/summary">SATS</a>, <a href="https://www.gurufocus.com/stock/SATS/financials">Financial</a>) has announced in a regulatory filing that it will postpone approximately $183 million in cash interest payments originally due on June 2, 2025. These payments concern three sets of notes: the 5.25% secured notes maturing in 2026, the 5.75% secured notes due in 2028, and the 5.125% unsecured notes set to mature in 2029. The amounts owed are about $72.2 million for the 2026 notes, $71.9 million for the 2028 notes, and $38.4 million for the 2029 notes.

Legal

Reported Earlier: 'EchoStar (SATS) Delays $183M Interest Payment Amid FCC Review' - GuruFocus

Maxar Space Systems, a trusted partner in satellite design and manufacturing, today announced it has been awarded a contract by EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) to manufacture EchoStar XXVI, a high-power geostationary communications satellite based on the Maxar 1300&#x2122; platform.
EchoStar XXVI will deliver robust coverage to DISH TV customers across all 50 U.S. states, including Puerto Rico, and is engineered for dual orbital slot performance, giving EchoStar enhanced operational flexibility to meet evolving customer and network demands.
"EchoStar's selection of the Maxar 1300&#x2122; platform underscores our commitment to delivering high-performance satellites that meet our customers' most demanding requirements," said Chris Johnson, CEO, Maxar Space Systems. "We're proud to continue supporting EchoStar's mission with another spacecraft that offers the proven reliability that Maxar Space Systems is known for in the industry."
The satellite will support EchoStar's mission of providing coverage and continue to ensure high-capacity direct-to-home services across its customer base. EchoStar XXVI is scheduled for delivery in 2028.

EchoStar Taps Maxar for High-Power Satellite to Serve All 50 States and Puerto Rico

<a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1001082/000141540425000014/tmb-20250527x8k.htm" title="https://www.sec.gov/ix?doc=/Archives/edgar/data/1001082/000141540425000014/tmb-20250527x8k.htm">https://www.sec.gov/ix?doc=/Archives/edgar/data/1001082/000141540425000014/tmb-20250527x8k.htm</a>

Government

Regulations

EchoStar Files Comments On FCC's Public Notices; Seeks Comments On Reconsideration Petition And Status Update On Its Acceleration, Conditional Extension Of 2 GHz Band MSS Construction Deadlines.

JP Morgan analyst Sebastiano C Petti expressed views on EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) <a target="_blank" href="https://www.benzinga.com/quote/SATS/analyst-ratings" rel="noreferrer noopener">earnings reported on May 9</a>.
The company reported a loss of 71 cents per share, missing the analyst consensus estimate of 69 cents loss and sales of $3.87 billion, <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45325649/whats-going-on-with-echostar-stock-today" rel="noreferrer noopener">in line with the Street view</a>.
The analyst notes that, during the earnings call, CEO Hamid Akhavan reiterated the company&#8217;s ambition to establish itself as a &#8220;leading provider of global direct-to-device connectivity,&#8221; leveraging its international S-band spectrum and domestic AWS-4 assets.
Also Read: <a target="_blank" href="https://www.benzinga.com/politics/25/05/45537630/trump-claimed-qatar-gifted-him-a-400-million-jet-but-insiders-say-the-us-initiated-the-deal" rel="noreferrer noopener">Trump Said Qatar Gifted Him A $400 Million Jet, But Insiders Say The US Initiated The Deal</a>
Akhavan assured investors that EchoStar is not &#8220;missing the window of opportunity,&#8221; and noted that more concrete updates will be shared as plans mature, adds the analyst.
Petti says that, on the operational front, wireless subscriber growth continues to gain traction, which management attributes to enhanced marketing initiatives, improved digital engagement, better customer retention, and appealing offers tailored to a challenging macroeconomic environment.
However, the acceleration in customer acquisition is putting pressure on near-term financials due to higher subscriber acquisition costs (SAC), though management expects this to pay off in improved long-term customer lifetime value (CLV), says the analyst.
Consequently, Petti now estimates 2025 wireless retail net additions at 775,000, up from the previous estimate of 400,000.
Nevertheless, this is accompanied by a deeper OIBDA (Operating Income Before Depreciation and Amortization) loss for the segment, revised to $1.90 billion.
On a consolidated basis, the analyst have lowered the OIBDA estimate to $1.43 billion (from $1.83 billion), factoring in the increased wireless drag but also recognizing improved trends in PayTV, driven by cost efficiencies.
The analyst notes EchoStar is prioritizing wireless subscriber growth and its long-term vision for direct-to-device connectivity. This strategic focus is, however, currently incurring a significant OIBDA drag.
Furthermore, the ongoing FCC review of EchoStar&#8217;s spectrum assets is introducing a substantial layer of regulatory uncertainty, which Petti believes could potentially impact the company&#8217;s future strategic options and overall valuation.
Investors can gain exposure to the stock via&nbsp;Procure Space ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFO#NASDAQ">UFO</a>).
Price Action: SATS shares are trading lower by 1.94% to $21.73 at last check Wednesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45549510/wall-street-stalls-as-yields-rise-bitcoin-breaks-records-above-109000-whats-driving-markets-wednesday" target="_blank" rel="noreferrer noopener">Wall Street Stalls As Yields Rise, Bitcoin Breaks Records Above $109,000: What&#8217;s Driving Markets Wednesday?</a></li>
</ul>
Image by photo_gonzo via Shutterstock

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
10:06 AMJul 10, 2025	CALL	$30.00	Jul 18, 2025	3	5154	5154	46	11203	TRADE	BEARISH
01:03 PMJul 07, 2025	CALL	$40.00	Jan 16, 2026	185	5000	5000	16	31216	TRADE	BEARISH

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