$5.10
-0.19 (-3.59%)
Warner Music Group Corp. (WMG)
CAPS Rating:
A music company. The Company is composed of two businesses: Recorded Music and Music Publishing.
A music company. The Company is composed of two businesses: Recorded Music and Music Publishing.
Recs
I've been FORCED to red thumb Warner three times now. Each time it falls back to a price per share that is still inflated, but more reasonable, I leave it alone, but then it pops back up. Bad management, doesn't know how to play nice. Continues to be singing the blues like a broken record. Despite valuable assets coupled with half a billion in the bank in cold cash, they still have a net negative book value. Lots of money in the bank, positive cash flow, but continued record loses.