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Stock impact report

Is Sirius XM Stock Built to Outlast Coronavirus? [The Motley Fool]

Liberty Media Corporation - Series A Liberty Braves (BATRA) 
US:NASDAQ Investor Relations: ir.libertymedia.com/stock-information
Company Research Source: The Motley Fool
Consumer-facing stocks have been getting crushed in the past couple of weeks, and Sirius XM Holdings ( NASDAQ:SIRI just three weeks ago A 7% haircut during one of most brutal market sell-offs in years may not seem so bad, but it's as good a time as any to assess if Sirius XM is a buying opportunity or not. Investors have been assessing their portfolios to see how individual stocks will fare during the coronavirus outbreak. Let's see how Sirius XM can handle the flurry of headwinds as it cashes in on some potential tailwinds in this financial storm. Image source: Sirius XM Holdings. Let's start with the bad news The biggest potential roadblock for Sirius XM heading into 00 was declining auto sales. Millennials aren't as passionate about owning vehicles as their parents and grandparents, and that's resulting in a slump in new-car sales. New drivers are the lifeblood of satellite radio, and Sirius XM's guidance predicts that this will be the first year in more than a decade in which it d Show less Read more
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