Sirius Internet Radio, Shares of Sirius XM (SIRI) raised another 52-week high of 1.80 and Thursday. The stock ended the day up 2.7% at 1.77 and heavier than normal volume. Approximately 94.2 million shares changed hands over the issue..
February 4, 2011 by BusinessPost
Sirius Internet Radio, Shares of Sirius XM (SIRI) raised another 52-week high of 1.80 and Thursday. The stock ended the day up 2.7% at 1.77 and heavier than normal volume. Approximately 94.2 million shares changed hands over the issue of leakage of the daily average of three months from 50.6 million. The decision comes after Sirius shares rose 6% Monday, when Morgan Stanley put a note overweight and 2 price target on the stock with the report of the fourth quarter of the company scheduled for February 15. SiriusXM will hold a conference call at 08:00 am ET, Tuesday, February 15, 2011 to discuss these results. Investors and the press can listen to the call on the website of the company, www.sirius.com, and on its satellite radio service by tuning to SIRIUS channel 113 or XM channel 90.Sirius XM Radio (Nasdaq: SIRI) announced today that it plans to release full year and fourth quarter 2010 financial results and operations, Tuesday, February 15, 2011.Sirius XM Radio is a U.S. satellite radio. SiriusXM emissions over 135 channels of commercial-free music and premier sports, news, talk, entertainment, traffic, weather and data services to over 20 million subscribers in cars, trucks, boats and aircraft, and across a wide range of mobile devices.
SiriusXM offers a range of content from some of the biggest names in entertainment and professional sports leagues, major colleges, and national news and talk providers. SiriusXM programming is also available at xmradio.com and sirius.com, and the Apple iPhone and iPod touch, Blackberry and Android mobile devices using SiriusXM Premium Online App.
Tags: internet radio