New York - Dish Network beat most analysts' estimates for the second quarter, reporting a 26,000 rise in net new subscribers, and its stock soared as high as $20.40 per share (up more than 10% or $1.98 each) before settling down to close at $19.30 each (up 5%, or 88 cents) in Monday trading.

Analysts' had expected the second quarter would be another one of heavy losses for the satellite TV giant, with consensus estimates for a loss of 131,000 subscribers.

To read the rest of the story please visit MultichannelNews.com.