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Sirius XM (SIRI) Soars 12.2%: Is Further Upside Left in the Stock?
SIRISirius XM(SIRI) ZACKS·2024-12-23 14:21

Sirius XM (SIRI) shares soared 12.2% in the last trading session to close at $23.08. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 20.1% loss over the past four weeks.The rise can be attributed to a favorable personal consumption price index report coupled with Berkshire Hathaway's enhanced investment in the company. Recent filings with the SEC showed Berkshire Hathaway acquiring an additional 5 million shares, consolidating th ...