SiriusXM Stock Rebounds as Howard Stern Returns to Show
SiriusXM shares climbed nearly 2.5% in Monday morning trading after Howard Stern dispelled rumors of his departure. The shock jock returned to his show following a brief hiatus, clarifying his absence was due to illness rather than contract disputes.
A prank segment featuring Andy Cohen initially suggested Stern's permanent replacement, sparking temporary concern among listeners. Stern affirmed his satisfaction with SiriusXM, stating he's "very happy" at the satellite radio giant. Company executives publicly supported the host, reinforcing stability in SiriusXM's leadership.