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bar1080

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bar1080

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Saturday, 11/25/2023 3:17:24 PM

Saturday, November 25, 2023 3:17:24 PM

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Just out: Berkshire reveals new stake in Siriius:

Sirius XM Holdings (SIRI) stock jumped as much as 12% on Wednesday after Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) revealed a new stake in the satellite and online radio company.

According to Berkshire's 13F report, which discloses its holdings, the company purchased nearly 9.7 million shares with a market value of about $43.8 million in its September quarter.

Shares of Sirius have struggled so far this year, down about 10% compared to the S&P 500's (^GSPC) 17% gain over that same time period.

https://finance.yahoo.com/news/sirius-xm-stock-jumps-after-warren-buffetts-berkshire-reveals-new-stake-175353836.html

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