Struggling Sirius XM Stock Gets Berkshire, Buffett Boost
Sirius XM(SIRI) Schaeffers Investment Research·2024-10-14 14:29SIRI is sharply lower in 2024 but Warren Buffett keeps upping his stake, per SEC filingsSirius XM Holdings Inc (NASDAQ:SIRI) stock is up 6.4% to trade at $26.47 today, one of the better stocks on the Nasdaq today. In a SEC filing, Warren Buffett's Berkshire Hathaway (BRK) revealed an increased stake in the satellite broadcaster. Last week, Buffett purchased 3.6 million shares of SIRI, bringing Berkshire's total holdings to 108 million. Sirius XM needed it. The stock is down 51% in 2024 and fell to a 12-year ...