The Sirius Stock Price

1  2014-07-04 by majestik6

The Sirius stock price may be negatively affected by this week's events.

There are many finance blogs which may be unaware that Sirius Satellite Radio has fired one of their most popular hosts.

Investors in the stock may find this information valuable. Sirius is a publicly traded company and it's stockholders have a right to know.

7 comments

7  [deleted] 2014-07-04

[deleted]

2  majestik6 2014-07-04

You make an excellent observation. If I was an investor, and I realized that one rant could get Howard fired, that would freak me out.

It's a catch-22: the one thing that gets a shock jock fired is saying something shocking. But if you muzzle a shock jock, nobody listens to their shows. They're literally paid to say shocking things.

3  SinisterExxaggerator 2014-07-04

http://www.gurufocus.com/news/266619/under-threat-from-apple-sirius-xm-is-a-stock-to-stay-away-from

"Sirius XM is trading at a trailing P/E of 53, which indicates that the company is highly overvalued. Also, its earnings dropped 58% in the previous quarter, while its revenue grew just 12%. Besides, it has a debt of $3.6 billion, while its cash stands at $138 million. Therefore, investors should seriously think of exiting this overvalued stock as it is under attack from Apple and could lose its wheels in the long run."

2  TexansAndMavericks 2014-07-04

Due to the holiday, the stock won't change until Monday..... I'm wondering if the firing, and the cancelled subscriptions will affect it at all...

1  TheActor_GreggHughes 2014-07-04

Nobody own sirius stock. Tweet Howard Stern to sell his.

1  U_AreFuckedInTheHead 2014-07-04

LOL

1  erockarmy1 2014-07-04

Um, they fired him because of the shareholders. Bad press would hurt their stock price. Sirius could care less about Ant's racist rants. They only cared that the media got a hold of it and that made the shareholders nervous.

-1  hsvp 2014-07-04

Riley martin is a bigger influence in these stock than these guys.