EchoStar’s stock was having its best day in 17 years after a report that President Trump has tried end the dispute between the company and the FCC.

EchoStar Corporation (NASDAQ:SATS) is one of the 10 Stocks Post Jaw-Dropping Gains. EchoStar Corporation jumped by 50 percent on Monday to close at $25.11 apiece as investor sentiment was buoyed by reports that President Donald Trump stepped in to its ongoing battle with the Federal Communications Commission (FCC),

President Donald Trump held talks last week with EchoStar founder Charles Ergen to resolve the company's public dispute over spectrum licenses with the Federal Communications Commission (FCC). As reported by Bloomberg late last week, Trump held talks with Ergen a couple of days after Ergen finally got the chance to meet with FCC Chair Brendan Carr.