Satellite Stock Differential to Close: Barron’s

Barron’s thinks the gap in share prices between Sirius and XM will narrow, “one way or the other.”
The financial newspaper reported this weekend, “Neither Sirius nor XM is currently profitable. Both are growing quickly, so the market right now doesn’t seem to mind – but you have to think the valuation discrepancy between the two will close, one way or the other,” according to Reuters.
XM has a market valuation of $7 billion or $5,100 per subscriber, Forbes found; Sirius has a valuation of about $4.5 billion or $17,200 per subscriber.