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

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		ATLANTIC UNVEILS NEW LEADERSHIP STRUCTURE The Elliot era begins. (9/24a) Check It Out Now DICKON STAINER TO HEAD UMG U.K. Changing of the guard (9/24a) Check It Out Now CALL MY AGENT: SAMANTHA KIRBY YOH The latest in a series of live-exec trading cards (9/27a) Check It Out Now TOP 20: FUTURISTIC Score one for hip-hop. (9/26a) Check It Out Now NADEL MOVES FROM ELEKTRA TO WARNER MUSIC NASHVILLE WMG reorg hits Music City. (9/24a) Check It Out Now
		THE GRAMMY SHORT LIST Who's already a lock? COUNTRY'S NEWEST DISRUPTOR Three chords and some truth you may not be ready for. AI IS ALREADY EATING YOUR LUNCH The kids can tell the difference... for now. ALL THE WAY LIVE The players, the tours, the enormous beers.

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UMG STOCK HITS 22-MONTH HIGH

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UMG STOCK HITS
22-MONTH HIGH