Sirius XM Flirting With $1.00

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Posted 13 Apr 2010
Category Sirius XM (SIRI) News

For the past 4 trading sessions, Sirius XM Radio (NASDAQ:SIRI) has been flirting with the $1.00 mark. The NASDAQ rules state that the stock must close with a bid price of over $1.00 for 10 consecutive trading days in order to regain compliance with the NASDAQ listing standards. Sirius has an appeal hearing scheduled for April 28th, 2010.

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