Sirius XM Stock Looks Expensive. Why It's a Risk for Berkshire and These Hedge Funds.
The proxy for the merger of the Liberty SiriusXM tracking stock with Sirius XM highlights the satelllite radio firm’s high valuation.
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The proxy for the merger of the Liberty SiriusXM tracking stock with Sirius XM highlights the satelllite radio firm’s high valuation.
Berkshire Hathaway Inc. (NYSE:BRK-B – Get Free Report) major shareholder Berkshire Hathaway Inc bought 650,224 shares of Berkshire Hathaway stock in a transaction dated Tuesday, January 23rd. The stock was purchased at an average cost of $30.96 per share, for a total transaction of $20,130,935.04. Following the completion of the acquisition, the insider now directly […]
The tracking stock trades at a discount to SiriusXM, and investors think they will get a gain when the two are effectively merged.
As of Thursday’s close, Microsoft had a valuation of $3.009 trillion, just slightly ahead of Apple at $3.002 trillion.
Warren Buffett’s company takes out its previous high from September 2023.