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Fly News Breaks for November 18, 2019
SIRI, LSXMA
Nov 18, 2019 | 06:43 EDT
Credit Suisse analyst Brian Russo initiated coverage of Liberty SiriusXM Holdings (LSXMA) with an Outperform rating and $55 price target. The stock is currently trading at a 27% discount to the value of its Sirius XM (SIRI) shares net of its debt, a reflection of its tracking stock nature and greater liquidity relative to Sirius, Russo tells investors in a research note. He expects the two stocks to continue to trade in tandem and his Outperform rating on Sirius XM leads to a "similarly positive" view of Liberty SiriusXM.
News For LSXMA;SIRI From the Last 2 Days
SIRI
Apr 18, 2024 | 08:46 EDT
Latest data shows the largest indicative borrow rate increases among liquid option names include: Aurora Cannabis (ACB) 83.87% +1.16, B Riley Principal Merger Corp II (EOSE) 11.55% +1.08, ALTC Acquistion Corp (ALCC) 5.74% +1.02, VinFast Auto LTD (VFS) 124.46% +0.87, Sirius XM (SIRI) 13.95% +0.56, Medical Properties Trust (MPW) 10.91% +0.41, Spring Valley Acquisition Corp (SMR) 17.81% +0.38, Sellas Life Sciences (SLS) 69.10% +0.37, Valkyrie Bitcoin Miners ETF (WGMI) 2.31% +0.33, and Cassava Sciences (SAVA) 19.19% +0.33.