DJ Sirius XM Holdings Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Sirius XM Holdings Inc. (SIRI) inched 0.73% higher to $2.75 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.10% to 16,920.79 and the Dow Jones Industrial Average rising 0.01% to 39,069.59.
The stock's rise snapped a five-day losing streak.
Sirius XM Holdings Inc. closed $5.20 short of its 52-week high ($7.95), which the company reached on July 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Alphabet Inc. Cl C $(GOOG)$ rose 0.73% to $176.33, Alphabet Inc. Cl A $(GOOGL)$ rose 0.83% to $174.99, and Meta Platforms Inc. (META) rose 2.67% to $478.22.
Trading volume (19.8 M) eclipsed its 50-day average volume of 18.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2024.
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(END) Dow Jones Newswires
May 24, 2024 17:35 ET (21:35 GMT)
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