What's Going On With Dish Stock Monday

DISH Network Corp DISH stock is trading lower Monday after its COO disclosed he resigned last week.

On June 19, 2023, Narayan R. Iyengar notified DISH that he was resigning effective June 23, 2023. Iyengar will continue to provide transition support.

Previous reports indicated how the company struggled to sell assets and battle insider speculation of possible bankruptcy.

Reportedly, Dish's boss Charlie Ergen is desperate to sell some of the company's assets, trying to sell everything that is non-core and to finance financeable assets.

Price Action: DISH shares traded lower by 1.30% at $5.94 on the last check Monday.