Liberty Media Corp.-Liberty SiriusXM (LSXMK) Slid Due to Lackluster Operating Results

Insider Monkey08-22

Weitz Investment Management, an investment management firm, released its “Partners III Opportunity Fund” second-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second...

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In the second...</p>\n\n<a href=\"https://finance.yahoo.com/news/liberty-media-corp-liberty-siriusxm-131149239.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Liberty Media Corp.-Liberty SiriusXM (LSXMK) Slid Due to Lackluster Operating Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLiberty Media Corp.-Liberty SiriusXM (LSXMK) Slid Due to Lackluster Operating Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-22 21:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/liberty-media-corp-liberty-siriusxm-131149239.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Weitz Investment Management, an investment management firm, released its “Partners III Opportunity Fund” second-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second...</p>\n\n<a href=\"https://finance.yahoo.com/news/liberty-media-corp-liberty-siriusxm-131149239.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FWONK","symbol_name":"Liberty Media Corporation Series C","start_time":0,"source_url":"https://finance.yahoo.com/news/liberty-media-corp-liberty-siriusxm-131149239.html","article_id":"2461961312","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/KJrHi3u9TZN5sF6Lyx1faQ--~B/aD00MzA7dz03Njg7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/insidermonkey.com/118c2d2bcf4936163fd37ce244387689"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461961312","pubTimestamp":1724332309,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Weitz Investment Management, an investment management firm, released its “Partners III Opportunity Fund” second-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund’s Institutional Class returned -2.96% compared to a +3.22% return for the Russell 3000 Index. Year-to-date the fund returned +5.01% compared to +13.56% return for the index. In addition, you can check the fund's top 5 holdings to find out its best picks for 2024.Weitz Investment Management Partners III Opportunity Fund highlighted stocks like The Liberty SiriusXM Group  in its Q2 2024 investor letter. The Liberty SiriusXM Group  engages in the entertainment business. The one-month return of The Liberty SiriusXM Group  was 4.46%, and its shares gained 0.09% of their value over the last three months. On August 21, 2024, The Liberty SiriusXM Group  stock closed at $23.44 per share with a market capitalization of $7.665 billion.Weitz Investment Management Partners III Opport","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"FWONK":"Liberty Media Corporation Series C","BATRA":"Atlanta Braves-A","LMACA":"Liberty Media Acquisition Corp","LLYVK":"LIBERTY MEDIA CORPORATION","LSXMA":"Liberty Media Corporation Series A","SIRI":"Sirius XM Holdings Inc.","FWONA":"Liberty Media Corporation Series A","LSXMB":"Liberty Media Corporation Series B","BATRK":"Atlanta Braves-C","LLYVA":"LIBERTY MEDIA CORPORATION","LSXMK":"Liberty Media Corporation Series C"},"translate_title":"Liberty Media Corp.-Liberty SiriusXM(LSXMK)因经营业绩低迷而下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LMACA":1,"LSXMK":1,"BATRA":0.9,"BATRK":0.9,"FWONA":0.9,"FWONK":0.9,"LLYVA":0.9,"LLYVK":0.9,"LSXMA":0.9,"LSXMB":0.9,"SIRI":0.9},"content_text":"Weitz Investment Management, an investment management firm, released its “Partners III Opportunity Fund” second-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund’s Institutional Class returned -2.96% compared to a +3.22% return for the Russell 3000 Index. Year-to-date the fund returned +5.01% compared to +13.56% return for the index. In addition, you can check the fund's top 5 holdings to find out its best picks for 2024.\nWeitz Investment Management Partners III Opportunity Fund highlighted stocks like The Liberty SiriusXM Group (NASDAQ:LSXMK) in its Q2 2024 investor letter. The Liberty SiriusXM Group (NASDAQ:LSXMK) engages in the entertainment business. The one-month return of The Liberty SiriusXM Group (NASDAQ:LSXMK) was 4.46%, and its shares gained 0.09% of their value over the last three months. On August 21, 2024, The Liberty SiriusXM Group (NASDAQ:LSXMK) stock closed at $23.44 per share with a market capitalization of $7.665 billion.\nWeitz Investment Management Partners III Opportunity Fund stated the following regarding The Liberty SiriusXM Group (NASDAQ:LSXMK) in its Q2 2024 investor letter:\n\n\"The Liberty SiriusXM Group (NASDAQ:LSXMK) (83% owner of Sirius XM Holdings, Inc. (SIRI)) and CoStar Group, Inc. (CSGP) were also top detractors for the quarterly and year-to-date periods. SiriusXM's operating results have been lackluster, and the current elevated investment cycle has clouded otherwise healthy cash flows. In the near term, however, we look forward to the closing of Liberty SiriusXM and SiriusXM's merger that will eliminate a complicated ownership structure as well as potential technical overhangs related to the transaction being finalized (expected in the coming quarter).\"\n\n A team of reporters in a newsroom, gathering the latest news for broadcast. \nThe Liberty SiriusXM Group (NASDAQ:LSXMK) is not on our list of 31 Most Popular Stocks Among Hedge Funds. As per our database, 54 hedge fund portfolios held The Liberty SiriusXM Group (NASDAQ:LSXMK) at the end of the second quarter which was 44 in the previous quarter. While we acknowledge the potential of The Liberty SiriusXM Group (NASDAQ:LSXMK) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nIn another article, we discussed The Liberty SiriusXM Group (NASDAQ:LSXMK) and shared the list of oversold midcap stocks to buy. In addition, please check out our hedge fund investor letters Q2 2024 page for more investor letters from hedge funds and other leading investors.\nREAD NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks.\nDisclosure: None. This article is originally published at Insider Monkey.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461961312"}