3 Reasons Sirius XM Can Bounce Back in June
Sirius XM(SIRI) The Motley Fool·2024-06-05 14:30
Sirius XM hit an 11-year low on Tuesday. Things should get better from here.Sirius XM Holdings (SIRI -0.39%) hit another brutal multiyear low on Tuesday. Shares of the satellite radio provider haven't traded this low since the fall of 2012. The stock has been cut by more than half -- down 52% -- this year. Sirius XM shares have shed more than two-thirds of their value since peaking last summer.Business has certainly slowed at Sirius XM, but it doesn't mean that the stock can't bounce back as soon as this mo ...