Sirius Satellite Radio (SIRI) broke through the $3.00 per share barrier this morning, after the announcement that James E. Meyer is names to the position of interim Chief Executive Officer.
This is a 52 week high on over 84.83 million shares. Sirius had been down to $.98 a share over a year ago, so this is a 200% increase.
Many have felt that this stock is a sign of the real comeback of the economy since it is tied to purchase of automobiles and disposable income.
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