Investing.com | Editor Hari G
Published Nov 16, 2023 09:57PM ET
NEW YORK – Sirius XM Holdings Inc. (NASDAQ:SIRI) saw its stock price fall by 1.16% to $5.13, interrupting a three-day streak of gains amid varied market movements Thursday. The NASDAQ Composite Index edged up by 0.07% to close at 14,113.67 points, while the Dow Jones Industrial Average experienced a slight drop of 0.13%, finishing the day at 34,945.47 points.
The satellite radio company’s shares closed notably below their annual high of $7.95 reached on July 20th, trailing behind tech giants such as Alphabet (NASDAQ:GOOGL) Inc.’s Class C and A shares and Meta Platforms Inc (NASDAQ:META)., which all posted gains for the day. The trading volume for Sirius XM was also lower than usual, with only 10.2 million shares changing hands compared to its…