Reported 3 months ago
Sirius XM recently underwent significant changes, including a merger with Liberty Media and a reverse stock split aimed at boosting its struggling share price. Despite its profitability and a loyal customer base, the company faces stagnating subscriber growth as competition intensifies from platforms like Spotify and Apple. With low stock valuation and a stable dividend, Sirius XM could be a decent opportunity for investors, but its long-term growth prospects remain uncertain.
Source: YAHOO