Why SiriusXM Radio Stock Was Falling Today
Shares of SiriusXM Radio (NASDAQ: SIRI) were pulling back today, after the satellite radio provider posted middling results in its first-quarter earnings report. Though it topped revenue estimates, full-year guidance was below expectations, and underlying growth remained weak.
As a result, the stock was down 4.9% as of 12:27 p.m. ET.
Source Fool.com