The result is about 540,000 subscribers in the fourth quarter added in total and Sirius XM is backing its existing 2011 and 2012 guidance.
With shares up over 20% in the last quarter you might think that the good news was already priced into the stock. Shares closed down 1.6% at $1.83 to day, but the after hours session has shares up 2.2% at $1.87 in active trading versus a 52-week trading range of $1.27 to $2.44.
The big question remains… With Howard Stern now taking on the judge role for ‘America’s Got Talent’ after claiming that he was already being overworked during contract negotiations, is he going to remain as active in his broadcast role ahead?
JON C. OGG
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