Sphere Entertainment shares rise after positive quarterly earnings report
Shares of Sphere Entertainment Co. rose 22.3% this week after the company’s fourth-quarter results on Wednesday (Aug. 14) showed the Las Vegas theater brought in $151 million in the quarter and $489 million in the first three full quarters. Total…
Universal Music shares recover after Warner Music earnings
During a chaotic week for stock markets around the world, shares in Universal Music Group (UMG) rose 3.3 percent to 22.15 euros (24.20 dollars), making the Amsterdam-listed company the best-performing music stock of the week. Stock prices fell sharply on…