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home / news releases / I - Why Intelsat Stock Dropped Then Popped Then Ended Flat Today

I - Why Intelsat Stock Dropped Then Popped Then Ended Flat Today

Intelsat S.A.

What a long, strange trip it's been for Intelsat (NYSE: I) -- and that's only Friday!

Within the first hour of trading this morning, Intelsat stock dropped 15.5% before slowly finding its footing. Later in the day, the stock shot up 14.6% in a matter of minutes. Then it fell flat.

When all was said and done, Intelsat closed Friday at $3.75 per share ($0.01 higher than on Thursday) for a one-day gain of 0.3%.

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Stock Information
Company Name: Intelsat S.A.
Stock Symbol: I
Market: NYSE
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