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Music Stocks Mixed This Week as Universal, HYBE & Warner Raise Index 2.1%

The largest publicly traded music companies gained this week as investors digested the impacts of another increase in the Federal Reserve’s benchmark interest rate. Billboard‘s Global Music Index rose 2.1% this week to 1,213.30 despite 11 of its 20 stocks being in negative territory. Shares of Universal Music Group, the most valuable component of the […]