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Sirius XM’s skyrocketing stock cools as analyst says it’s ‘impossible’ to justify the valuation

By: MarketWatch

July 21, 2023 at 10:19 AM EDT

Two analysts downgraded Sirius XM's stock after a massive Thursday surge that they said was unrelated to business fundamentals.

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Sirius XM’s skyrocketing stock cools as analyst says it’s ‘impossible’ to justify the valuation