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,
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.
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.
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.
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.
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.
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.
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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 ...
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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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 ...