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Home » Business » Sirius XM Radio Inc. (NASDAQ:SIRI) Moves Higher in Heavy Trading

Sirius XM Radio Inc. (NASDAQ:SIRI) Moves Higher in Heavy Trading

By Jim Peterson on October 1, 2010
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Digital News Report – There were 121 million shares traded in Sirius XM Radio, up 77 percent from normal.

The share price for Sirius was up three cents (2.50%) to $1.23.

The company released a Year End 2010 Subscriber Guidance statement today. The company expects 20.1 million subscribers by the end of 2010. That is an “all-time” high, according to the company.

Sirius was able to increase the number of subscribers in 2010 by 1.3 million. This information helped push the share price higher.

There is a bid price of 1.20 (37000 shares) and an asking price of $1.24 (20100).

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