Sirius XM Holdings Inc. Stock Sheds 4.4%, Underperforms Peers

Dow Jones08-01 04:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Sirius XM Holdings Inc. slid 4.4% to $29.62 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.0% to 25,373.85 and the Dow Jones Industrial Average rising 0.5% to 52,485.03.

This was the stock's second consecutive day of losses.

Sirius XM Holdings Inc. closed 9.3% below its 52-week high of $32.66, which the company achieved on July 29th.

The stock underperformed when compared to some of its peers, as Alphabet Inc. Cl C rose 6.9% to $356.65, Alphabet Inc. Cl A rose 6.7% to $356.13, and Meta Platforms Inc. rose 3.28% to $556.71.

Trading volume totaled 5.2 million, compared to the 50-day average of 5.2 million.

Data source: Dow Jones Market Data, FactSet

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