This News From Competitors Discourages DISH Investors
Last month DISH Network (NASDAQ: DISH) investors pushed the company's share price down 10.5% -- but it had nothing to do with anything DISH did. Instead, the company's rivals -- particularly AT&T (NYSE: T) and Comcast Corporation (NASDAQ: CMCSA) -- reported heavy customer losses in their third quarters and DISH investors were scared that it means bad news for DISH's upcoming quarterly results.
It may seem like DISH's investors were a little too skittish last month, but the underlying problems facing DISH's rivals are entrenched in the pay-TV industry as a whole, and that's bad news for DISH.
Image source: Getty Images.
Source: Fool.com
DISH Network Corp. A Stock
€5.06
-1.780%
Our community is currently high on DISH Network Corp. A with 4 Buy predictions and 1 Sell predictions.
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