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Short Take: EchoStar stock splits 2-for-1 today

EchoStar Communications, a direct broadcast satellite television provider, shares will double to about 32 million from 16 million after the market closes as part of a previously announced 2-for-1 stock split. EchoStar stock gained nearly 5 percent in midday trading. Shares have traded as high as 176.5 and as low as 17 in the past year.

EchoStar Communications, a direct broadcast satellite television provider, shares will double to about 32 million from 16 million after the market closes as part of a previously announced 2-for-1 stock split. EchoStar stock gained nearly 5 percent in midday trading. Shares have traded as high as 176.5 and as low as 17 in the past year.