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Why Dish Network Stock Is Soaring on Friday


Shares of Dish Network (NASDAQ: DISH) are up 17.1% as of 2:02 p.m. ET Friday in response to reports that Amazon (NASDAQ: AMZN) is considering a partnership with the company that could offer low-cost or no-cost wireless service to Amazon Prime subscribers.

If the headline rings a bell, there's a reason. The same possibility was floated by The Wall Street Journal a little over a week ago. Today's reiteration comes from Bloomberg.

The story's underpinnings, however, haven't changed.

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Source Fool.com

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