Reported about 1 month ago
Shares of Sirius XM (SIRI) jumped by 7.6% after Berkshire Hathaway, led by Warren Buffett, disclosed the purchase of 3.6 million shares of the company, increasing its total stake to 32%. This news sparked positive market sentiment about Sirius XM’s future, despite the stock's overall decline of 50.6% since the year's start. The company continues to show volatility, with major fluctuations occurring over the past year.
Source: YAHOO