Sphere Entertainment Stock Gets Analyst Downgrade for ‘Potentially Underwhelming Profitability Outlook’
Benchmark downgraded Sphere Entertainment to a “sell” rating with a $40 price target. The share price fell 4.4% to $44.55 on Tuesday (Sept. 3).
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Read more: Sphere Entertainment Stock Gets Analyst Downgrade for ‘Potentially Underwhelming Profitability Outlook’ -
Billboard Global Music Index, Business, Business News, Music Stocks, Sphere Entertainment Co., stocks, Tech Industry, Tech NewsTencent Music Shares Gain 16% on Earnings, Analyst Upgrades as Music Stocks Surge to New High
Read more: Tencent Music Shares Gain 16% on Earnings, Analyst Upgrades as Music Stocks Surge to New HighThe 20-company Billboard Global Music Index rose 3.3% to a record 1,847.64 and brought its year-to-date gain to 20.4%.
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Sphere Posts $170M Revenue as CEO James Dolan Eyes Second Market ‘Soon’
Read more: Sphere Posts $170M Revenue as CEO James Dolan Eyes Second Market ‘Soon’Dolan also suggested The Eagles will perform at the Las Vegas venue, although no official announcement has been made.
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MSG Entertainment Posts 13% Revenue Growth, Raises Full-Year Forecast
Read more: MSG Entertainment Posts 13% Revenue Growth, Raises Full-Year ForecastThe NYC-based company says its venues hosted more than 1.5 million guests at over 200 events in its fiscal third quarter.
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iHeartMedia Shares Fall 20%: Q4 Will Be ‘Weaker Than We Originally Anticipated’
Read more: iHeartMedia Shares Fall 20%: Q4 Will Be ‘Weaker Than We Originally Anticipated’The Billboard Global Music Index declined 0.3% to 1,390.68, lowering its year-to-date gain to 19.1%.
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Anghami Shares Jump 18% After Nasdaq Warning
Read more: Anghami Shares Jump 18% After Nasdaq WarningThe Billboard Global Music Index dropped 1.5% to 1,355.65 this week, bringing its year-to-date gain to 16.1%.
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Sphere Factor: Inside The Opening of Las Vegas’ Game-Changing Venue
Read more: Sphere Factor: Inside The Opening of Las Vegas’ Game-Changing VenueThe state-of-the-art new venue opens Sept. 29 with a U2 residency, a Darren Aronofsky film — and the potential to change live entertainment forever.
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Spotify Shares Rose 15% to Lead Soaring Music Streaming Stocks This Week
Read more: Spotify Shares Rose 15% to Lead Soaring Music Streaming Stocks This WeekThe Billboard Global Music Index rose 4.7% as 12 of its 21 stocks posted gains this week.
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Refik Anadol Transforms Las Vegas’ Sphere Exterior With Immersive, ‘Unparalleled Canvas’
Read more: Refik Anadol Transforms Las Vegas’ Sphere Exterior With Immersive, ‘Unparalleled Canvas’By showcasing art and brands on Sphere’s exterior, say reps, “we will forever change the way artwork and commerce co-exist.”
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Cumulus Media a Rare Winner in Off Week for Music Stocks
Read more: Cumulus Media a Rare Winner in Off Week for Music StocksThe Billboard Global Music Index dropped 3.5% with 16 of its 21 stocks in negative territory.
