SiriusXM Drops 10% - Adviser Investments

SiriusXM Drops 10%

Vice President Josh Jones has the market analysis for Monday, September 24. Major U.S. stock indexes posted mixed results, with the NASDAQ experiencing fractional gains and the Dow Jones Industrial Average and S&P 500 down 0.7% and 0.3%, respectively. Comcast declined 6% on news of its $40 billion winning bid for European television provider Sky. SiriusXM’s stock also fell—down 10%—as investors reacted to SiriusXM’s purchase of Pandora Media.

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