How Sirius XM Stock Could Dive To $10
1. Sirius XM's stock dropped 60% due to advertising and automotive challenges. 2. The company forecasts continued revenue decline in FY 2024 and FY 2025. 3. Sirius experienced a 2% drop in subscribers to 33.2 million. 4. Sirius' net margins may shrink from 14% to 9% amid competition. 5. Competitors like Spotify are growing while Sirius struggles to attract new users.