SIRIUS XM Radio (SIRI) Rises on Strong June Auto Sales

July 3, 2012 10:27 AM EDT Send to a Friend
SIRIUS XM Radio Inc. (Nasdaq: SIRI) is having another strong day, helped by strong U.S. auto sales. Auto OEM's are the company's largest customers.

In June, Ford sales rose 7%, GM sales rose 15.5%, Toyota sales rose 60%, Chrysler sales rose 20%, among others.

Shares of SIRI last traded up 4.5% to $2.08. Notably, yesterday the stock was up 7.3%.


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