Berkshire Hathaway lifts stake in Sirius XM
Shares of Sirius XM are trading higher by 10% since Monday's open. The stock gained on news that Warren Buffett's Berkshire ...
SiriusXM shares rallied Monday after Warren Buffett’s Berkshire Hathaway raised its stake in the satellite radio company. Berkshire Hathaway now holds a stake of nearly one-third in ...
However, Berkshire Hathaway did already hold a small, 10 million share position in SiriusXM, as well as a position in LSXMK. That latter position is currently valued at $1.48 billion.
Berkshire Hathaway (BRK-B, BRK-A) has upped its stake in radio broadcaster SiriusXM Holdings (SIRI) to 32% after purchasing 3.6 million shares — or $87 million worth — last week, according to ...