Sirius XM's Next Catalyst: Used Cars: "
Click to view a price quote on SIRI.
Click to research the Media industry."
NEW YORK (TheStreet) -- Shares of Sirius XM are heading higher after the company announced a new promotion earlier this week with General Motors.
More than 1,000 General Motors dealers will offer a three-month promotional subscription on any (not just GM cars) satellite-radio equipped used car sold.
'We believe that this deal opens up a larger used car market opportunity for Sirius compared to the couple of Certified Pre-owned (CPO) deals the company has put in place,' according to a note from Janco Partners.
...
Click to view a price quote on SIRI.
Click to research the Media industry."
Comments