Sirius XM Stock Has a Lot to Prove on Wednesday

One of the market's best performers over the past eight years will have to pump up the volume on Wednesday morning. Sirius XM Holdings (NASDAQ: SIRI) will be stepping up with fresh financials, and the satellite radio giant will need to prove itself worthy of its stock's heady gains.

Shares of Sirius XM have soared nearly 40% over the past year, a life-altering 155-bagger since bottoming out in early 2009. The stock's had a modest 7% uptick since posting blowout quarterly results three months ago, but with the shares near this summer's 11-year highs, it's safe to say that expectations will once again be high heading into this critical financial report.

Image source: Sirius XM Radio.

Source: Fool.com