UMG STOCK HITS
22-MONTH HIGH

Universal Music Group’s stock price cracked the €25.50 mark ($26.91) for the first time in nearly two years Wednesday and has continued to rise today (10/12), pushing its valuation to almost $50b. Universal has not seen the €25.50 mark since the early days of it's going public two years ago.

UMG stock hit a new 52-week high of €25.64 ($27.05) today, closing at €25.56 on the EuroNext market. On Wednesday, it closed at €25.35.

The stock has been on a steady four-month climb since closing at €18.50 on 5/31. It's up nearly 50% in the last 12 months.

At the current price, UMG’s valuation is €46.14b, which will certainly give Sir Lucian Grainge something to crow about when UMG announces its Q3 results on 10/26.

TAGS: Universal Music Group | Lucian Grainge

UMG STOCK SURGES

UMG NEARS $3B IN Q2

< PREVIOUS STORY

BACK TO RUMOR MILL

		HITS LIST SLIDES INTO SUMMER Fire up the grill. (5/24a) Check It Out Now TORTURED POETS IN PARIS: TAY STRUMS THE BASTILLE WITH NEW ACOUSTIC SET Another week, another iteration (5/24a) Check It Out Now SONG REVENUE: TRIAD They're in the money. (5/24a) Check It Out Now DOJ FILES ANTITRUST LAWSUIT AGAINST LIVE NATION A game of Monopoly on Capitol Hill (5/24a) Check It Out Now NEAR TRUTHS: HOWDY, PARTNER Redrawing the Mason-Dixon Line (5/24a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

UMG STOCK HITS 22-MONTH HIGH

Modal

UMG STOCK HITS
22-MONTH HIGH