Sirius XM Stock Skyrockets: What's Behind the Surge?
TL;DR Summary
Sirius XM Holdings stock experienced a sudden surge of 42% due to a combination of factors including short covering, the unwinding of a spread trade involving Liberty SiriusXM, and potential buying related to the rebalancing of the Nasdaq 100 index.
- 3 Reasons Sirius XM Stock Just Surged 42% Barron's
- Sirius XM, heavily shorted, jumps 27% and triggers halts (NASDAQ:SIRI) Seeking Alpha
- What's Going On With Sirius XM Stock? - Sirius XM Holdings (NASDAQ:SIRI) Benzinga
- Sirius XM (SIRI) Stock Jumps 42.3%: Will It Continue to Soar? Yahoo Finance
- Sirius XM shares pull back after 'wild' gains with short squeeze in focus Reuters
- View Full Coverage on Google News
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