Why Dish Network (DISH) Stock Is Rising Today

NEW YORK (TheStreet) -- Dish Network (DISH) shares may jump 20% based on the amount of undeveloped wireless spectrum owned by the pay television subscriber which could be valued as high as $25 billion, according to a Barron's article published over the weekend.

That valuation could increase even more following the FCC's wireless spectrum auction in November, the biggest wireless auction the government agency has held since 2008.

Minimum bids for the auction have been set at $10.1 billion.

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Dish Network shares are up 2.5% to $68 in pre-market trading today.

DISH Chart

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