SiriusBuzz told investors about Mel Karmazin's scheduled appearance last week, and now the day has finally arrived. A lot has happened this week and Sirius XM is trading below $1.00, so investors may want to hear what the CEO of Sirius XM has to say when he is a guest on CNBC's Fast Money’s Halftime at 12:30 PM EST, just one day before the Russell Index announces the preliminary additions and deletions list on June 11th.
While an announcement of something new is not likely, Mel will certainly be talking about the growth Sirius XM is seeing in EBITDA and that the auto channel has seen a recovery that is enough to help Sirius XM continue to have top line growth. For more information readers can refer to the CNBC website.
Position - Long Sirius XM Radio