Warner Music Group Top Music Stock in Week Led by Streaming Companies
Warner Music Group shares rose 6.6% to $31.47 this week, narrowing the stock’s year-to-date loss to 12.1%. Other gainers in the record label and music publisher space were HYBE, up 1.8% to 200,500 won ($144.95), and Universal Music Group, up 1.4% to 28.63 euros ($30.67). Streaming companies had the best week, however. Led by LiveOne’s 6.4% gain, music streaming stocks had an average gain of 0.3% — versus an average […]
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