Sirius XM Holdings Inc (NASDAQ:SIRI) Extends Its Gains

0
827

In the last trading session, the stock price of Sirius XM Holdings Inc (NASDAQ:SIRI) jumped more than 3% to close the day at $5.98. The gains came at a share volume of 42.59 million compared to average share volume of 18.55 million. Post the recent decline, the market cap of firm was noted at $27.5 billion. The stock has posted gains of over 11% so far in this year.

The buzz

More recently, Sirius XM reported that Fleetwood Mac will introduce an exceptional, limited-run Sirius XM channel named The Fleetwood Mac Channel on February 1. The Fleetwood Mac Channel intends to showcase music from Fleetwood’s Rock & Roll Hall of Fame career. It will also comprise exclusive insights and stories from Lindsey Buckingham, Stevie Nicks, Christine McVie and Mick Fleetwood, and special hosted programs by band members.

Scott Greenstein, the Chief Content Officer and President of Sirius XM, expressed that Fleetwood’s body of work is extremely large and their music just unforgettable. They are excited to celebrate their music with their exclusive Sirius XM channel. For their subscribers it will be a relevant and fresh sounding showcase of their music, including distinct hosted programs from band members. The programming will offer to their subscribers the band’s favorite artist influences, solo works and hit singles. For numerous generations, this will mark as a must-listen for Fleetwood Mac’s fans.

Fleetwood Mac team was respected at this year MusiCares Person of the Year tribute planned on January 26. This honor was given in recognition of their notable creative accomplishments and their support of several charitable causes, counting MusiCares, the leading safety net of major resources for the music industry.

The Fleetwood Mac Channel starts on February 1 through satellite on channel 4, as well as via the company’s app on smartphones and other related devices, and online at siriusxm.com.

This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.