SIRI Stock Movement: Impact of Reverse Split and Liberty Media Spinoff

Sirius XM Holdings (SIRI, Financial) experienced a stock movement today, with its price reaching $23.01 and seeing a percentage change of 1.23%. This movement comes shortly after the company's recent strategic decisions, including a reverse stock split and spinoff from Liberty Media, which have kept investors on edge.Last month, Sirius XM Holdings (SIRI, Financial) completed a 1-for-10 reverse split as part of its restructuring post-spinoff from Liberty Media, aiming to boost its share price and reduce outs ...