The stock finished at $15.71 on volume that was more than four times the average level.
Their all-stock merger, announced last summer, closed on Sunday.
Stock markets were idle on Monday due to the New Years holiday.
EchoStar Executive Chairman Charlie ErgenKim Kulish/Corbis via Getty Images
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The all-stock deal, announced last summer, officially closed on Sunday.
Dish had been its own separate entity since being spun off by EchoStar in 2008.
4 player in a competitive market led by Verizon and AT&T.
He co-founded both companies and previously served as their chairman.
Hamid Akhavan, head of EchoStar since March 2022, added the CEO duties at Dish in November.
Former Dish CEO Erik Carlson exited as part of the merger.
Last Friday, in its final day of trading on the Nasdaq, Dish stock closed at $5.77.
Together, EchoStar and Dish offer an enhanced consumer connectivity business and an unmatched enterprise managed services business.
In a world that is increasingly wireless, we are well-positioned to drive revenue and profitable growth.
