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Sirius Sags on Guidance

Stock quotes in this article: SIRI , XMSR  

Updated from 7:30 a.m.

Sirius Satellite Radio (SIRI Quote) sank 7% early Tuesday after the satellite radio broadcaster warned of soft holiday season sales.

Late Monday, Sirius cut its year-end subscriber guidance, citing lower-than-anticipated sales since the Thanksgiving weekend. The news came as a shock to Sirius fans, who recently have taken to gloating at the slowdown at rival XM (XMSR Quote). ...

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