|Bid||5.49 x 2200|
|Ask||5.57 x 200|
|Day's Range||5.56 - 5.66|
|52 Week Range||4.05 - 5.89|
|PE Ratio (TTM)||34.75|
|Dividend & Yield||0.04 (0.72%)|
|1y Target Est||N/A|
There were 266.5 million shares of the satellite radio broadcaster sold short when August began. Shorting Sirius XM Radio has been a losing bet in the past.
Roger Lynch, CEO of video streaming company Sling TV, is jumping ship to become chief executive of online music company Pandora Media Inc. Douglas County-based Dish Network Corp. (DISH), the satellite TV parent company of Sling TV, said today that Lynch will leave Sling at the end of August. Charlie Ergen, Dish Network founder and CEO, issued a statement thanking Lynch for “his leadership over the past eight years, creating and defining the country’s first live OTT [over-the-top] service,” referring to media content delivered online outside of a cable-TV or satellite-TV contract.
Pandora hires Lynch to focus a company that has operated largely in the red despite building a popular ad-driven internet radio service.