Russell's tag archives

Sirius XM Shares Hold Up Well After Russell Rebalance

By Brandon Matthews If my inbox this morning can be used as a barometer of market sentiment, the headline of this article alone should have people scratching their heads in disbelief. Let me explain. I first alerted Satwaves readers about the upcoming Russell rebalancing on June 15. On that date, Sirius XM closed at .33 a share. I was concerned at that point because the re-balancing at that price could have easily taken the stock to the low .20's. Sirius XM (SIRI) began to make some moves ...
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