Yahoo Finance Today's Research Reports on Trending Tickers: Sirius XM Holdings and Pandora Media
NEW YORK, NY / ACCESSWIRE / June 12, 2018 / U.S. markets inched higher Monday as investors await details from the upcoming summit between President Donald Trump and North Korean leader Kim Jong Un in Singapore. The Dow Jones Industrial Average gained 0.02 percent to close at 25,322.31, while the S&P 500 Index rose 0.11 percent to close at 2,782.00. The Nasdaq Composite Index gained 0.19 percent to close at 7,659.93. The Dow Jones has risen for four consecutive sessions, its longest streak since it posted eight consecutive gains ending May 14th.
“Experience tells that geopolitics does not impact markets over the long term. But this week is going to be interesting just because so much is happening at a relatively quiet period,” said Maris Ogg, president at Tower Bridge Advisors.
“The North Korea summit will only matter if there is a very positive outcome, but that's not what market participants are expecting,” Ogg added.
RDI Initiates Coverage on:
Sirius XM Holdings Inc.
https://rdinvesting.com/news/?ticker=SIRI
Pandora Media, Inc.
https://rdinvesting.com/news/?ticker=P
Sirius XM Holdings' stock moved 0.28% lower Monday, to close the day at $7.22. The stock recorded a trading volume of 11,609,627 shares, which was below its three months average volume of 15,769,307 shares. In the last year, Sirius XM Holdings' shares have traded in a range of 5.09 - 7.33. The share price has gained 41.85% 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 $6.78 is above its 200-day moving average of $6.13. Shares of the company are trading at a Price to Earnings ratio of 51.57. Shares of Sirius XM Holdings have gained roughly 6.33 percent in the past month and are up 34.70 percent year-to-date.
Access RDI's Sirius XM Holdings Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SIRI
On Monday, shares of Pandora Media recorded a trading volume of 6,587,678 shares, which was below the three months average volume of 9,056,779 shares. The stock ended the day 0.92% lower at $7.57. The share price has fallen 24.15% from its 52-week high with a 52-week trading range of 4.09 - 9.98. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $6.84 is above its 200-day moving average of $5.35. Shares of Pandora Media have gained roughly 4.27 percent in the past month and are up 57.05 percent year-to-date.
Access RDI's Pandora Media, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=P
Our Actionable Research on Sirius XM Holdings Inc. (NASDAQ:SIRI) and Pandora Media, Inc. (NYSE:P) can be downloaded free of charge at Research Driven Investing.
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