After Its Reverse Stock Split, Is SiriusXM Satellite Radio a Buy?

Reverse stock splits are usually red flags, but this is a unique case.SiriusXM Holdings (SIRI 3.87%) launched nearly a generation ago with big plans to disrupt media. Fast-forward to 2024 and those plans seem to have mostly fallen flat. Internet-native alternatives like Spotify dwarf SiriusXM in audience size and market cap, and SiriusXM has struggled to break away from the automotive market where it's most popular.However, SiriusXM just made an unusual move, and some investors seem to think it could be a c ...