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Wednesday, April 13, 2011

WMG shares moving toward $8?

WMG STOCK VIGIL: As Bronfman, Sperling, et al., look over the bids for Warner Music, the stock continues to spike in reaction to the mass of information and misinformation surrounding the auction. WMG shares opened at $7.42 and sit at $7.34 as of 10:53 EDT. Will the stock top its 52-week high of $8.02, which occurred last April 14? How the hell do we know? (4/12a)

 
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