(VIANEWS) – Shares of Liberty Media (NASDAQ: LSXMB) dropped by a staggering 31% in 21 sessions from $37.94 to $26.18 at 16:24 EST on Friday, after three consecutive sessions in a row of losses. NASDAQ is dropping 0.74% to $11,630.51, after four successive sessions in a row of gains.
Liberty Media’s last close was $26.68, 48.32% below its 52-week high of $51.63.
About Liberty Media
The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through applications for mobile and home devices, and other consumer electronic equipment. It also offers connected vehicle services; a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and traffic information services, which provide information as to road closings, traffic flow and incident data to consumers with compatible in-vehicle navigation systems, and real-time weather services in vehicles, boats, and planes. In addition, the company operates a music, comedy, and podcast streaming platform. Further, it offers ad-supported radio services; Pandora Plus, a radio subscription service; and Pandora Premium, an on-demand subscription service. Additionally, the company distributes satellite radios through automakers and retailers, as well as through its website. As of December 31, 2021, it served approximately 34.0 million subscribers through Sirius XM and approximately 6.4 million subscribers through Pandora. The Liberty SiriusXM Group is headquartered in Englewood, Colorado. The Liberty SiriusXM Group is a subsidiary of Liberty Media Corporation.
Earnings Per Share
As for profitability, Liberty Media has a trailing twelve months EPS of $-2.24.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.98%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 3.7%, now sitting on 9B for the twelve trailing months.
Yearly Top and Bottom Value
Liberty Media’s stock is valued at $26.18 at 16:24 EST, way below its 52-week low of $33.55.
Volume
Today’s last reported volume for Liberty Media is 16046 which is 5610.32% above its average volume of 281.
More news about Liberty Media (LSXMB).
