The satellite radio specialist climbed 4.76% on heavy volume during Wednesday's trading.
The New York-based company reported Wednesday 445,921 net subscriber additions during the third quarter, ending the period with a record 23,365,383 subscribers. The company also raised its net subscriber additions guidance for 2012 from 1.6 million to 1.8 million.
"These strong net additions produced our best third quarter since the merger and exceeded third quarter 2011 subscriber growth by 34%," noted Sirius CEO Mel Karmazin, in a statement.Sirius was also one of the most active premarket Nasdaq stocks on share volume of 537,504. Facebook (FB - Get Report) shares rose 1.12% to $19.86 on share volume of 146,251. The social networker's stock lost 2.85% during Wednesday's trading after a Bloomberg report questioned whether the firm tried to hide risks in its business model prior to its IPO earlier this year. The risks, however, were highlighted in the company's initial filing on Feb.1. Shares of Apple (AAPL - Get Report), which is rumored to be planning an iPad Mini launch, rose 0.79% to $645.98 before market open. The Cupertino, Calif.-based company was another active premarket Nasdaq stock on share volume of 119,173. Groupon (GRPN - Get Report) shares gained 0.79% to reach $5.09 in premarket trading on Thursday. The Chicago-based company tumbled 4.17% during Wednesday's trading after eBay (EBAY) entered the daily deals space. --Written by James Rogers in New York. Follow @jamesjrogers >To submit a news tip, send an email to: firstname.lastname@example.org.
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