Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI – Get Free Report) gapped up prior to trading on Monday after an insider bought additional shares in the company. The stock had previously closed at $24.
Communications services companies rose amid deal activity. Investment firm Berkshire Hathaway recently added to what has been a money-losing stake in Sirius XM Holding, the satellite radio company, ...
Longboard Pharmaceuticals, Inc. LBPH shares jumped 51.2% to $58.83 after the company announced it will be acquired by Lundbeck. Upstart Holdings, Inc. UPST climbed 16.6% to $54.86 after Wedbush ...
This strategic investment by Berkshire Hathaway, particularly under the management of investment guru Ted Weschler, is noteworthy given that the company has been perceived as a money-losing stake.