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Stock impact report

Why Sirius XM Holdings Stock Was Falling Today [Yahoo! Finance]

Liberty Media Corporation - Series A Liberty Braves (BATRA) 
US:NASDAQ Investor Relations: ir.libertymedia.com/stock-information
Company Research Source: Yahoo! Finance
It also named a new chief operating officer. As a result, the stock was down 8.9% as of 10:20 a.m. ET. Are You Missing The Morning Scoop? Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » Sirius, which is fresh off its spinoff from Liberty Media, made several announcements in the update. It said it was targeting $200 million in annualized savings by the end of 2025. It's prioritizing retention and growth in the automotive business and sees streaming as a valuable companion service to its automotive offering. Additionally, it aims to grow the advertising business and increase its business efficiency. However, investors were disappointed with the company's guidance for 2025 as it called for $8.5 billion in revenue, which was below the consensus at $8.74 billion and a decline from its guidance of $8.675 billion. It also expects adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of $2.6 billion an Show less Read more
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