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Take a look at Dish Network’s stock price from Monday Nov 162009through Friday November 20th 2009. Using what we learned in chapter 17, explain precisely why Dish experienced such a strong drop in...

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Take a look at Dish Network’s stock price from Monday Nov 162009through Friday November 20th 2009. Using what we learned in chapter 17, explain precisely why Dish experienced such a strong drop in price through thisparticular tradingweek, especially considering that the market as a whole did not drop NEARLY this much. Use terminology from the text, and use concepts related to chapter 17.Next, find a stock during this past month that experienced a similar situation and outline what happened with specific dates included.
Answered Same Day Dec 23, 2021

Solution

David answered on Dec 23 2021
133 Votes
Stock prices of Dish network
Dish network is one of the biggest digital television provider. The company saw a
tremendous fall in its share prices from Nov 16
th
2009 to Nov 20
th
2009. The main reason
eing was the strategy of the company. At the end of FY2009, the company had a presence
only in the US. By contrast, the company’s major competitor, DIRECTV, through
subsidiaries and affiliated companies, had operation in the US, Brazil, Mexico and other
countries in Latin America. At the end of FY2009,...
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