Free subscription program boosts Sirius XM Radio Inc (NASDAQ:SIRI) shares


Dallas, Texas 08/27/2013 (Financialstrend) – Sirius XM Radio Inc (NASDAQ:SIRI) had recently announced the launch of new program to provide complementary 2 months subscription to the users. This Service Lane program provides the customers who qualify the requirements to take part in the auto dealerships. This program had been highly welcomed by the dealers as an effective way to show the appreciation of the companies to their valuable customers. This program would further provide for building up the loyalty of the customers to their companies and would provide the dealers with an opportunity to give away access to the unparalleled lineup of commercial free comedy, music, news, sports, exclusive talk and entertainment events of Sirius XM Radio Inc (NASDAQ:SIRI).

Such services would be provided through the Service Lane Program of the company to enable value addition of the products and services offered to the qualifying loyal customers for a span of two months subscription. This new announcement of the free subscription to such valuable contents on the channels had proved to have been effectively received by the customers and further the stock of Sirius XM Radio Inc (NASDAQ:SIRI) had recently been gaining significantly in the markets.

Sirius XM Radio Inc (NASDAQ:SIRI) shares are currently trading at $3.57 and declined by 2.59%. The stock was observed fluctuate during the day to present intraday prices moving in the range of $3.56 to $3.63 per share, while the stock had recorded 52 week low at $2.33 per share and 52 week high at $3.85 per share. Further, the stock’s trading volume has reported to be at 28.79 million shares while for the past 30 days the stock had reported average trading volume at 34.99 million shares per day.