The satellite radio companies get more prestigious stock listings as of Dec. 20. Sirius and XM have been listed on NASDAQ as “SIRI” and “XMSR” respectively. Now, they get to be part of the “NASDAQ-100 Index,” made up of the 100 largest non-financial stocks on NASDAQ based on market capitalization. Shares of Sirius and XM will be included in the NASDAQ-100 Index Tracking Stock (NASDAQ: QQQQ).
Sirius CEO Mel Karmazin said the move underscores the confidence in Sirius by institutional and retail investors.
Sirius, XM Listed on NASDAQ-100
Sirius, XM Listed on NASDAQ-100
