Sirius XM Holdings Inc
NASDAQ: SIRI
$24.95
+$0.93 (+3.9%)
Closing Price on September 20, 2024
SIRI Articles
The top analyst upgrades, downgrades and initiations seen on Tuesday morning include Broadcom, Caterpillar, Sirius XM, Newmont, Palo Alto, Perrigo, Sarepta and Xerox.
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The interest in the five most heavily shorted stocks traded on the Nasdaq declined between the March 15 and March 31 settlement dates. Leading that trend was AMD.
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Sirius XM announced Monday morning that its total subscriber base has now surpassed 30 million, a record high.
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24/7 Wall St. has put together a preview Rite Aid, Walgreens and some of the major companies reporting their quarterly results this week.
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Interest in the most heavily shorted stocks traded on the Nasdaq rose, for the most part, between the February 29 and March 15 settlement dates. Leading that trend was Intel.
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Many of the most heavily shorted stocks traded on the Nasdaq saw their short interest dwindle between the February 12 and February 29 settlement dates. Yet a few stocks bucked that trend.
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When it came to the most heavily shorted stocks traded on the Nasdaq, short sellers appeared to be remain cautious.
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Bucking the short interest trend in late January were Frontier Communications, MannKind and Groupon.
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It seems that the caution in the stock market has made Sirius XM investors a bit more cautious after its earnings report. Shares lost more than 7% of their value in the past week alone.
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Bank of America Merrill Lynch has reiterated its Buy rating on Sirius XM, and the firm sees the stock valued at $5.00.
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Among the most heavily shorted stocks traded on the Nasdaq, the movement was mostly positive though mostly mild in early January.
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Between the December 15 and December 31 settlement dates, Intel was the most significant mover among the most heavily shorted stocks traded on the Nasdaq.
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After piling on Apple in the previous period, short sellers appeared to change their minds in the heart of the holiday shopping season.
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Shareholders have seen some nice pre-Christmas gains in Sirius XM and Pandora Media, but for very different reasons.
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Tuesday morning, SiriusXM announced that Howard Stern had signed an agreement to continue the satellite radio show for another five years.
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