Wednesday, February 11, 2009
Sirius XM shares drop on reports of possible bankruptcy - MarketWatch
Real world example for yesterday's class...(ok so I was a few hours late ;) )Sirius XM shares drop on reports of possible bankruptcy - MarketWatch: "Shares of Sirius XM Satellite Radio Inc. dropped 31% in morning trading Wednesday on reports that the company could be close to filing for bankruptcy protection.The shares were down 3 cents at 8 cents. The stock traded in the $4 range two years
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Financial Distress
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