NasdaqGS:WMGEntertainment
Assessing Warner Music Group (WMG) Valuation After Recent Mixed Share Price Performance
Recent share performance and business backdrop
Warner Music Group (WMG) has seen mixed short term returns, with the share price down around 1% over the past day and 3% over the past week, while showing a positive move over the past month.
In that context, the group remains a large global music rights business. It reported annual revenue of US$6.88b and net income of US$302.0m, split primarily between Recorded Music and Music Publishing operations.
See our latest analysis for Warner Music...