Sirius XM shares are trading lower after the company reported worse-than-expected Q2 revenue results.
Portfolio Pulse from Benzinga Newsdesk
Sirius XM shares are trading lower after the company reported worse-than-expected Q2 revenue results.
August 01, 2024 | 6:23 pm
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Sirius XM shares are trading lower due to disappointing Q2 revenue results.
The company's shares are reacting negatively to the earnings report, which showed revenue below market expectations. This typically leads to a short-term decline in stock price as investors adjust their positions based on the new financial information.
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