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.

HITS LIST IN BLOOM
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AARON BAY-SCHUCK
AND TOM CORSON
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DESERT HEAT:
PAUL TOLLETT
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THIS HITS PHOTO GALLERY IS WANDERING IN THE DESERT
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The latest tidbits from the vibrant live sector (4/12a)
THE NEW UMG
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TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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