Billionaires Invest in Sirius XM: A Troubled Nasdaq Stock with a 4% Dividend

Reported 1 day ago

Billionaires, including Warren Buffett, are investing in Sirius XM Holdings, a Nasdaq-listed company that has seen a 52% drop in stock value this year but offers a 4% dividend. Recent changes, including a stock split and a new strategy focused on podcasting, aim to revitalize the company amidst its struggles with debt and declining subscribers. While noted for its potential as a value investment, Sirius still has much to prove as it seeks growth and stability.

Source: YAHOO

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