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Today's Research Reports on Trending Tickers: Pandora Media and Sirius XM Holdings

NEW YORK, NY / ACCESSWIRE / November 7, 2018 / U.S. stocks closed in the green on Tuesday, with the Dow Jones rallying 173 points, as investors braced for the midterm election results. The Dow Jones Industrial Average gained 0.68 percent to close at 25,635.01, while the S&P 500 Index increased 0.63 percent to close at 2,755.45. The Nasdaq Composite Index closed 0.64 percent higher to close at 7,375.96.

Charlie Ripley, senior market strategist at Allianz Investment Management, said that investors expects Democrats to take over the House of Representatives while the Republicans will remain in control of the Senate. “We could see a lot more volatility in markets tonight and tomorrow if the result isn’t straight down the fairway,” he said.

RDIInitiates Coverage on:

PandoraMedia, Inc.
https://rdinvesting.com/news/?ticker=P

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Sirius XMHoldings Inc.
https://rdinvesting.com/news/?ticker=SIRI

Pandora Media's stock jumped 4.28% Tuesday, to close the day at $9.02. The stock recorded a trading volume of 11,269,646 shares, which was above its three months average volume of 9,974,989 shares. In the last year, Pandora Media's shares have traded in a range of 4.09 - 10.07. The share price has gained 120.54% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $8.89 is above its 200-day moving average of $8.03. Shares of Pandora Media have gained roughly 0.78 percent in the past month and are up 87.14 percent year-to-date.

AccessRDI's Pandora Media, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=P

On Tuesday, shares of Sirius XM Holdings recorded a trading volume of 30,018,273 shares, which was above the three months average volume of 22,778,870 shares. The stock ended the day 3.76% higher at $6.34. The share price has fallen 17.66% from its 52 week high with a 52 week trading range of 5.17 - 7.70. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $6.22 is below its 200-day moving average of $6.77. Shares of the company are trading at a Price to Earnings ratio of 35.42. Shares of Sirius XM Holdings have gained roughly 3.43 percent in the past month and are up 18.28 percent year-to-date.

AccessRDI's Sirius XM Holdings Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SIRI

Our Actionable Research on Pandora Media, Inc. (NYSE:P) and Sirius XM Holdings Inc. (NASDAQ:SIRI) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com