Warren Buffett buys more Sirius XM stock: here’s why I wouldn’t
Sirius XM Holdings Inc. (NASDAQ: SIRI) is experiencing upward momentum on Monday following the news that Warren Buffett has acquired additional shares of the satellite radio provider. The “Oracle of Omaha” invested $87 million to purchase 3.
Why Is Sirius XM (SIRI) Stock Rocketing Higher Today
Shares of satellite radio and media company Sirius XM (NASDAQ:SIRI) jumped 7.6% in the morning session after a regulatory filing revealed that Warren Buffett's Berkshire Hathaway added to its position in the company (Sirius XM).
SiriusXM Holdings Stock Is Rising Monday: What's Going On?
SiriusXM Holdings Inc (NASDAQ:SIRI) shares are trading higher Monday after Warren Buffett’s Berkshire Hathaway further increased its stake in the company. What Happened: According to a regulatory filing from late last week,
Sirius XM Holdings (SIRI) Receives a Buy from Benchmark Co.
In a report released today, Matthew Harrigan from Benchmark Co. maintained a Buy rating on Sirius XM Holdings (SIRI – Research Report),
Why Sirius XM Stock Just Jumped 8%
Shares of Sirius stock gained 8.1% through 10:45 a.m. ET Monday after Warren Buffett investment vehicle Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) revealed in an SEC filing that it has increased its stake in the satellite radio company.
Stock market at new highs; Movers: SoFi, Boeing, Sirius XM
The stock market is up, with the S&P 500 and Dow hitting records. The S&P 500 advanced 0.72%, while the Nasdaq Composite climbed 0.87%. The Dow Jones Industrial Average grew by 0.36%, and the Russell 2000 Index rose 0.
These Stocks Are Moving the Most Today: Tesla, Boeing, Sirius XM, Caterpillar, Bank of America, and More
Tesla shares claw back some losses after Friday’s slump, while Boeing declines after the plane maker says it will cut 10% of its global workforce, or 17,000 jobs.
What Is Sirius XM Holdings Inc.'s (NASDAQ:SIRI) Share Price Doing?
Sirius XM Holdings is still trading at a fairly cheap price according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. In this instance, we’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows.
Three Stocks: SoFi Technologies, Citi, and Sirius XM Holdings
Today, shares of SOFI surged another 11% after the company announced an expansion of their loan platform business. Headlines ahead of the market open on Monday detailed a new $2 billion loan platform deal agreement with Fortress Investment Group.
Struggling Sirius XM Stock Gets Berkshire, Buffett Boost
Sirius XM needed it. The stock is down 51% in 2024 and fell to a 12-year low of $22.18 on Oct. 7. The shares looked ready to rally in July, but found resistance at their 200-day moving average. Options traders are all in on calls.
Could Buying Sirius XM Stock Today Set You Up for Life?
Last month, Sirius XM (NASDAQ: SIRI) completed a series of complex spin-off and merger changes involving privately held Liberty Media. The result consolidates ownership under one ticker, allowing the new company to function independently.
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3 Reasons to Buy Sirius XM Stock Like There's No Tomorrow
Value-minded investors, however, might want to put Sirius XM Holdings (NASDAQ: SIRI) on their radars, if not in their portfolios. You might also want to do so sooner than later. While it's ...
Sirius XM (NASDAQ:SIRI) Shares Gap Up After Insider Buying Activity
Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI – Get Free Report) gapped up prior to trading on Monday after an insider bought additional shares in the company. The stock had previously closed at $24.
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Warren Buffett’s Berkshire Hathaway Raises Stake in SiriusXM
Berkshire Hathaway continuing to build its SiriusXM stake follows Sirius XM Holdings completing a combination ... to ...
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Why SiriusXM Radio Stock Lost 28% in September
Shares of Sirius XM Holdings (NASDAQ: SIRI) were heading lower last month as investors seemed to balk at its reverse split after it was spun off from Liberty Media. Some Wall Street analysts ...