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Warren Buffett buys more Sirius XM stock
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 ( BRK.A 0.15%) ( BRK.B 0.26%) revealed in an SEC filing that it has increased its stake in the satellite radio company.
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.
Berkshire Hathaway Takes A Stake in Sirius XM
One of the world's most renowned investors sees value in the satellite radio company looking to gain more ears through smart speakers and smartphone apps. With his investment firm's acquisition of Sirius XM stock,
Sirius XM Shares Rise After Berkshire Hathaway Buys Stock for $87 Million
Shares in broadcasting company Sirius XM rose Monday after Berkshire Hathaway bought stock in the company for about $87 million. Shares were up 5.6% in premarket trading at $24.93, but remain down more than 50% year to date.
Berkshire Hathaway’s Bold Bet: A Game-Changer for Sirius XM (SIRI)?
This strategic investment by Berkshire Hathaway, particularly under the management of investment guru Ted Weschler, is noteworthy given that the company has been perceived as a money-losing stake. Berkshire’s commitment to Sirius XM indicates a potential long-term outlook, despite the company’s current struggles.
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.
22m
on MSN
These Stocks Are Moving the Most Today: Boeing, SoFi, Tesla, Sirius XM, Vistra, Caterpillar, and More
Boeing declines after the plane maker says it will cut 10% of its global workforce, or 17,000 jobs, and SoFi Technologies ...
6d
Why SiriusXM Radio Stock Lost 28% in September
Shares of Sirius XM Holdings ( SIRI 1.30%) were heading lower last month as investors seemed to balk at its reverse split ...
11d
Is Sirius XM a Buy, Sell, or Hold in 2025?
Sirius XM Holdings ' (NASDAQ: SIRI) is one company worth a closer look. The shares have not performed well in the past year, ...
6h
Stocks to Watch Monday: Tesla, Boeing, MicroStrategy, Sirius XM
The aerospace company said late Friday it will cut 10% of its workforce, or roughly 17,000 jobs, and warned of deeper losses. Shares slipped ...
2d
Seaport Global Reaffirms Their Buy Rating on Sirius XM Holdings (SIRI)
Seaport Global analyst David Joyce reiterated a Buy rating on Sirius XM Holdings (SIRI – Research Report) today and set a price target of ...
5d
on MSN
Harris dodges when asked by Howard Stern if she'd leave the country for her safety if Trump wins
Sirius XM radio host Howard Stern interviewed Vice President Kamala Harris Tuesday as part of a series of planned friendly ...
2h
on MSN
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 ...
5d
on MSN
J.P. Morgan rates Sirius XM 'underweight' citing growth challenges
J.P. Morgan rates Sirius XM underweight due to growth challenges, forecasting subscriber losses and revenue declines, with a ...
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