Will Sirius XM Go for a Reverse Stock Split?
Smoothie chain operator Jamba moved higher on Monday after executing a 1-for-5 reverse stock split on Monday. There are plenty of similarities between Jamba and Sirius XM Radio , and in this video longtime Fool contributor Rick Munarriz explains why a reverse split may not be such a bad idea for the satellite radio giant.
Despite Sirius XM being one of the market's biggest winners since bottoming out three years ago, there is still some healthy upside to be had if things go right for it -- and plenty of room for it to fall if things don't. Read all about Sirius in The Motley Fool's premium report. To get started, just click here now.
The article Will Sirius XM Go for a Reverse Stock Split? originally appeared on Fool.com.Longtime Fool contributor Rick Munarriz owns shares of Jamba. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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