Sirius XM Holdings Inc. (NASDAQ:SIRI) reached a new 52-week high on Friday.
Shares climbed to an intraday peak of $24.95 before closing near $25.00. The stock has gained more than 25% year-to-date. The company reported a 28% total return over the past year.
This milestone occurred without major company-specific announcements. Market optimism and recent business performance drove the momentum.