Label and publisher stocks that soared in 2023 are mostly down this year, as some souring indicators have created uncertainty among investors.
The Billboard Global Music Index gained 3.1% to 1,792.93, increasing its year-to-date gain to 16.9%
The Billboard Global Music Index fell 2.0% on Monday, though that was a lighter drop than those suffered by the S&P 500, the Dow Jones Industrial Average and the Nasdaq.
The Billboard Global Music Index fell 1.1% to 1,739.18, bringing its year-to-date gain to 13.4%, amid overall sharp declines in U.S. stock markets.
The Billboard Global Music Index fell 1.2% to 1,757.70, bringing its year-to-date gain to 14.6%.
Investors reacted to the company’s overall streaming revenue growth of just 4.1%, which was down from 11% a year earlier, and a sharp slowdown in subscription growth.
The Billboard Global Music Index fell 2.7% to 1,779.41, lowering its year-to-date gain to 16.0%.
The Billboard Global Music Index dropped 0.9% to 1,828.20 this week as some of its most valuable stocks lost ground.
The Billboard Global Music Index (BGMI) rose 1.6% to 1,844.87, bringing its year-to-date gain to 20.3%.
The Billboard Global Music Index was effectively flat this week despite 12 of the 20 stocks gaining ground.
