If You'd Invested $75 in Sirius XM Stock 30 Years Ago, Here's How Much You'd Have Today

Sirius XM Holdings (NASDAQ: SIRI) has had a roller-coaster past. In the years following its initial public offering (IPO), its shares surged in price by nearly 900%. When the dot-com bubble burst, however, they sank well below the IPO price. But then something amazing happened: The business staged a multiyear revival.How much would a $75 investment during Sirius XM's IPO be worth today? Prepare to be surprised.Few stocks have histories as varied as Sirius XM. Over the decades, the company has gone from tech darling to bankruptcy candidate, only to force a megamerger with its biggest competitor, the aftermath of which saw the combined company's share price soar. Despite the drama, the company has failed to be a profitable long-term investment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool