DJ Sirius XM Holdings Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Sirius XM Holdings Inc. (SIRI) tumbled 12.25% to $25.22 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.25% to 19,687.24 and Dow Jones Industrial Average falling 0.35% to 44,247.83.
The stock's fall snapped a two-day winning streak.
Sirius XM Holdings Inc. closed $32.58 short of its 52-week high ($57.80), which the company reached on December 15th.
The stock underperformed when compared to some of its competitors Tuesday, as Alphabet Inc. Cl C $(GOOG)$ rose 5.32% to $186.53, Alphabet Inc. Cl A $(GOOGL)$ rose 5.59% to $185.17, and Meta Platforms Inc. $(META)$ rose 0.94% to $619.32.
Trading volume (14.3 M) eclipsed its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 10, 2024.
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(END) Dow Jones Newswires
December 10, 2024 17:32 ET (22:32 GMT)
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