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Sirius XM Radio Inc. is Today's Focus Stock on MicroStockProfit.com(July 06, 2011)
DALLAS, July 6, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Sirius XM Radio Inc. (Nasdaq:SIRI). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/SIRI
Sirius XM Radio Inc. (SIRI) is a New York-based satellite radio company, broadcasting more than 135 channels of commercial-free music, and premier sports, news, talk, entertainment, traffic, weather and data services to more than 20 million subscribers in cars, trucks, boats and aircraft, and through a wide range of mobile devices. It offers an array of content from some of the biggest names in entertainment, as well as from professional sports leagues, major colleges, and national news and talk providers. SIRI programming is also available at sirius.com and xmradio.com, and on Apple iPhone and iPod touch, BlackBerry and Android-powered mobile devices using the Sirius XM Premium Online App. The Company has arrangements with every major automaker and its radio products are available at retail locations nationwide, as well as shop.sirius.com and shop.xmradio.com.
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In the report, the analyst notes:
"Shares of SIRI dropped 0.46% to close at $2.18 Tuesday. Approximately 69 million shares have traded hands during the session, compared with the stock's 10-day average volume of about 71.76 million shares. SIRI has so far reached a 52-week high of $2.44, its 52-week low being $0.91."
"SIRI, with a subscriber growth that mainly depends on auto sales, maintains its revenue guidance of $3 billion for the full year 2011, slightly behind analysts' estimates of $3.07 billion."
To read the entire report visit: www.microstockprofit.com/lp/SIRI
See what investors are saying about SIRI at http://www.stockhideout.com
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