Why Intelsat Stock Bounced 10% Higher Today

After six straight days of increasingly disturbing declines, Intelsat S.A. (NYSE: I) yo-yoed itself back up out of the depths Friday, closing the day 9.6% higher than it began.

Unfortunately for the stock's enthusiasts, there was no good news to explain Intelsat stock's abrupt bounceback.

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Source Fool.com