NEW YORK (TheStreet) -Sirius XM(SIRI) was a big gainer in pre-market trading on Monday, rising more than 2% as Liberty Media(LMCA) ramps up its efforts to gain control of the satellite radio giant.
Last week Liberty Media filed an application with the Federal Communications Commission (FCC) for 'de jure' control of the New York-based firm. Liberty also withdrew an earlier application for 'de facto' control of Sirius.
Sirius shares rose 2.54% to $2.625 on share volume of 3,329,915.
Facebook(FB) , which saw its shares plunge on the expiration of a lock-up period last week, crept up 0.21% to $19.09 on share volume of 347,726.
Shares of Groupon(GRPN) , which tumbled 36% last week following the daily deal site's second-quarter results, were down 2.11% to $4.65 in pre-market trading.
Cisco(CSCO) , which enjoyed a share surge following its stronger-than-expected fourth-quarter results last week, dipped 0.37% to $18.99.
--Written by James Rogers in New York.
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