Sirius XM (SIRI) Showing Early Strength, May Hang Above $1.85 Level

December 2, 2011 9:24 AM EST
Sirius XM (Nasdaq: SIRI) is showing some early strength Friday, shares trading up over 1.6 percent.

No news is out directly on Sirius, but shares have been hovering around the $1.80 - $1.85 level for a while now, just breaking through on Thursday.

Reports in mid-November had Liberty Media's John Malone considering "doubling down" on his investment, but nothing from the two sides has been released since.


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