Sirius XM Holdings Inc. stock rises Tuesday, outperforms market

Sirius XM Holdings Inc. stock rises Tuesday, outperforms market

Shares of Sirius XM Holdings Inc. SIRI, +0.96% inched 0.16% higher to $6.20 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, +0.03% falling 0.95% to 11,264.73 and Dow Jones Industrial Average DJIA, -0.46% falling 0.62% to 30,981.33. Sirius XM Holdings Inc. closed $0.68 short of its 52-week high ($6.88), which the company achieved on February 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Spotify Technology S.A. SPOT, -2.91% rose 0.43% to $99.58 and Tencent Music Entertainment Group ADR TME, -4.05% remained unchanged. Trading volume (12.4 M) remained 6.9 million below its 50-day average volume of 19.3 M.

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