On Wednesday Sirius XM radio (SIRI) announced that it added 171,441 net subscribers in the first quarter of 2010. While this is certainly better news for the company than a net loss, the gain still doesn’t quite put its subscriber base at the same level it was at the end of 2008. Then the company […]
Sirius XM has just put out a press release acknowledging that it has received a letter from NASDAQ “stating that the Company has not regained compliance with the $1.00 minimum closing bid price requirement for continued listing on The NASDAQ Global Select Market.” The satellite radio company says it will ask for a hearing with […]
After languishing in near-penny-stock territory for the last year, Sirius XM Radio stock hit the dollar menu on Wednesday, topping out at $1.05 a share. Investors who bought their stock a year ago when it sold for less than 20 cents are probably cheering. Sirius hasn’t seen the plus size of one buck since September […]
