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Warren Buffett Sent Wall Street a $93 Billion Warning. History Says the Stock Market Will Do This Next
Greenlight Capital's Einhorn Says Fund Will 'Continue to Underperform' Bull Market
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Buffett increased his stake in the satellite broadcasting company SiriusXM to 32%.
Last week, Warren Buffett's Berkshire Hathaway company spent about $87 million in multiple trades to buy approximately 3.6 million shares of SiriusXM stocks, increasing its shareholding to 32%. Despite facing issues such as user attrition and insufficient growth potential, Berkshire may be interested in the merger arbitrage opportunity, hence choosing to continue investing. The news of increased shareholding caused SiriusXM's stock price to rise more than 9.3% during Monday's trading.
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Candy077 : I can't sell anything else. Will it be up tomorrow if I buy it, or is it likely to crash?
joeyboulevard :
Clintzilla OP Candy077 : no telling, good chance be up overnight and premarket cus reg hours suck unless you accumulate during the bs