Double-Volume Alert on SIRIUS XM (SIRI)
Posted in block volume, GeneralJune 25th, 2009
SIRIUS XM Radio Inc. (NASDAQ: SIRI) has already crossed above its average volume for the day. It is actually almost twice-normal volume for a whole day. With 84 million shares having traded hands, that compares to under 50 million shaes for an average day. If this continues, we could have close to three-times normal trading volume. You can see the full setails of the news at 24/7 Wall St., but a one sentence summary is that it had strong deamnd for its debt offering. Shares are up 13% at $0.44+ as of 12:10 PM EST. -Jon Ogg
VS Investor RSS Feed