Wednesday, December 22, 2010

Sirius XM (NASDAQ:SIRI) Gets Boost on BMW Package

News that Sirius XM Radio (NASDAQ:SIRI) is offering a one-year subscription to the "Sirius Everything" package to buyers of new 2011 BMW Minis caused the share price to jump today.

Shares of Sirius were boosted by over 8 percent in trading in response to the news, and are up over 41 percent over the last three months.

Sirius also recently announced customers acquired a certified pre-owned Kia will get a three-month introductory package of the satellite radio service.

Sirius was trading at $1.60, up $0.12, or 8.14 percent, as of 1:33 PM EST.

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