Kinnevik sells out of Germany's Rocket Internet [Reuters (UK)]
Sirius XM Holdings Inc. (SIRI)
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Source: Reuters
FILE PHOTO: A woman walks past a banner at the shareholder meeting of Rocket Internet, a German venture capital group in Berlin, Germany, June 23, 2015. REUTERS/Fabrizio Bensch/File Photo BERLIN/STOCKHOLM Swedish investor Kinnevik has sold its remaining stake in German ecommerce company Rocket Internet for more than 200 million euros, capitalizing on a recent rally in the stock fueled by plans to list two of its start-ups. Founded in 2007, Rocket has helped create a buzzing tech scene in Berlin by launching dozens of businesses from fashion e-commerce to food delivery, but has seen its stock halve since it listed in 2014 as valuations fell for its loss-making start-ups and plans for flotations stalled. Rocket shares were down 2.5 percent at 20.45 euros by 1020 GMT, albeit a far less dramatic fall than when Kinnevik sold half of its 13 percent stak
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News
- Sirius XM Holdings Inc. (NASDAQ: SIRI) was upgraded by analysts at Pivotal Research from a "hold" rating to a "buy" rating. They now have a $4.90 price target on the stock, down previously from $5.05.MarketBeat
- Sirius XM Holdings Inc. (NASDAQ: SIRI) was upgraded by analysts at Citigroup Inc. from a "sell" rating to a "neutral" rating. They now have a $3.30 price target on the stock, down previously from $4.10.MarketBeat
- Sirius XM Holdings Inc. (NASDAQ: SIRI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sirius XM Holdings Inc. (NASDAQ: SIRI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 3 No-Brainer Stocks to Buy With $20 Right Now [Yahoo! Finance]Yahoo! Finance
SIRI
Earnings
- 2/2/24 - Beat
SIRI
Sec Filings
- 4/18/24 - Form 8-K
- 4/17/24 - Form 4
- 4/8/24 - Form DEFA14A
- SIRI's page on the SEC website