SiriusXM Stock Soars After Berkshire Hathaway Increases Investment

Reported about 2 months ago

SiriusXM shares jumped nearly 9% after Warren Buffett's Berkshire Hathaway increased its stake in the satellite radio company to almost one-third by purchasing 3.6 million shares for about $97 million. Despite this surge, SiriusXM's stock has halved in value this year. Additionally, SiriusXM secured an exclusive content deal with Alex Cooper for her 'Call Her Daddy' show, set to launch in 2025.

Source: YAHOO

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