One Week Post-Earnings, UMG Stock Is Still Struggling — Will the Major’s ‘Streaming 2.0’ Initiative Turn Things Around?

About one week removed from the release of its Q3 2024 earnings report, Universal Music Group is still struggling on the stock-price front – raising questions about, among other things, its streaming-growth trajectory. When the market closed today, Universal Music Group stock (UMG on the Euronext Amsterdam) was worth $24.80 (€23.12) per share. That price […]

Written by Digital Music News