Spotify Technology (NYSE:SPOT) Jumps 21% After Impressive Earnings Report [Yahoo! Finance]

Warner Music Group Corp. - Class A (WMG)
Company Research
Source: Yahoo! Finance
First, the company reported impressive earnings, with fourth-quarter sales and net income significantly improving from the previous year, marking a turnaround from a net loss to substantial profitability. Additionally, Spotify's strategic alliance with Warner Music Group introduced ambitions to strengthen commitments to artists and fans, potentially boosting investor confidence. In the context of a volatile broader market that has faced a mix of gains and losses, these positive corporate achievements likely provided the momentum for Spotify's share price advancement. Despite an absence of share repurchases during the recent quarter, investor sentiment appears buoyed by Spotify's operational growth and strategic partnerships, di
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News
- Warner Music Group Corp. (NASDAQ: WMG) is now covered by analysts at FBN Securities. They set a "sector perform" rating and a $35.00 price target on the stock.MarketBeat
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WMG
Earnings
- 2/6/25 - Beat
WMG
Sec Filings
- 3/25/25 - Form SCHEDULE
- 3/25/25 - Form SCHEDULE
- 3/7/25 - Form 8-K
- WMG's page on the SEC website