How These Services Stocks are Faring?
NEW YORK, May 31, 2017 /PRNewswire/ — Stock-Callers.com draws investors’ attention to the following equities for today: Sirius XM Holdings Inc. (NASDAQ: SIRI), Pandora Media Inc. (NYSE: P), Liberty Broadband Corp. (NASDAQ: LBRDK), and News Corp. (NASDAQ: NWS). These companies are part of the Services sector, which produces intangible goods, more precisely, services, instead of goods.
Countries with economies centered around the Services sector are considered more advanced than industrial or agricultural economies. Register now and get full and free access to our downloadable research reports on these stocks at:
On Tuesday, shares in New York headquartered Sirius XM Holdings Inc. recorded a trading volume of 26.03 million shares. The stock ended at $5.23, declining 1.13% from the last trading session. The Company’s shares have gained 5.66% in the last one month, 2.75% over the previous three months, and 17.53% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.88% and 13.26%, respectively. Furthermore, shares of Sirius XM, which provides satellite radio services in the US, have a Relative Strength Index (RSI) of 65.60.
On May 23rd, 2017, Sirius XM announced that legendary national talk radio host and human rights activist Joe Madison has signed a new, exclusive, multi-year contract with the Company. Under the new, long-term agreement, “Joe Madison The Black Eagle” will continue to air daily on the Company’s Urban View channel 126, 6:00 a.m. to 10:00 a.m. ET, On Demand and through the SiriusXM app. Access our complete research report on SIRI for free at:
Oakland, California headquartered Pandora Media Inc.’s stock finished yesterday’s session 2.82% lower at $8.96. A total volume of 9.43 million shares was traded, which was above their three months average volume of 9.18 million shares. The Company’s shares are trading below their 50-day moving average by 16.32%. Furthermore, shares of Pandora Media, which provides Internet music platform services in North America, have an RSI of 30.80.
On May 08th, 2017, Pandora Media announced that it has entered into an agreement for a $150 million strategic investment from KKR. In connection with the investment, Richard Sarnoff, KKR’s Head of Media & Communications Private Equity investing in the Americas, will join Pandora’s Board of Directors. On May 19th, 2017, research firm Macquarie downgraded the Company’s stock rating from ‘Outperform’ to ‘Neutral’. The complimentary research report on P can be downloaded at:
At the close of trading on Tuesday, shares in Englewood, Colorado-based Liberty Broadband Corp. rose 0.60%, ending the day at $88.18. The stock recorded a trading volume of 332,519 shares. The Company’s shares have advanced 2.61% in the previous three months and 19.05% since the start of this year.
The stock is trading 1.55% and 13.66% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Liberty Broadband, which provides video, Internet, and voice services to residential and commercial customers in the US, have an RSI of 60.14. Register for free on Stock-Callers.com and get access to the latest PDF format report on LBRDK at:
New York headquartered News Corp.’s shares ended the day 1.09% lower at $13.65 with a total trading volume of 244,701 shares. The stock has gained 5.00% in the last month, 3.41% over the previous three months, and 15.68% on an YTD basis. The Company’s shares are trading 3.94% above their 50-day moving average and 4.07% above their 200-day moving average. Additionally, shares of News, which focuses on creating and distributing content to consumers and businesses worldwide, have an RSI of 57.51. On May 08th, 2017, News Corp.
announced that Marc Frons has been appointed Chief Technology Officer (CTO). Frons has served in that role in an interim capacity since October 2016. Latha Maripuri, who currently serves as the Company’s Chief Information Security Officer, and Christina Scott, CTO for News UK, have both been promoted to the Deputy CTO positions, while retaining their existing responsibilities. Download your free research report on NWS at:
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