Sirius XM Holdings Inc. Stock Rises Monday, Outperforms Market
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Shares of Sirius XM Holdings Inc. (SIRI) inched 0.97% higher to $6.26 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.05% to 14,942.83 and the Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's third consecutive day of gains. Sirius XM Holdings Inc. closed $1.88 short of its 52-week high ($8.14), which the company reached on January 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Spotify Technology S.A. (SPOT) rose 0.37% to $224.41 and Tencent Music Entertainment Group ADR (TME) rose 1.93% to $6.88. Trading volume (16.3 M) remained 848,987 below its 50-day average volume of 17.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
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January 10, 2022 17:22 ET (22:22 GMT)
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