EchoStar Stock Falls 5% In First Trading Day After Dish Merger, A Key Step In Charlie Ergen’s Attempted Pivot From Pay-TV To Wireless – Update

UPDATED with closing stock price. Shares in EchoStar fell 5% on heavy volume Tuesday in their first trading day after the close of the company’s merger with corporate sibling Dish Network. The stock finished at $15.71 on volume that was more than four times the average level. The tech-heavy Nasdaq dropped 1.6% on the day …