Tag Archives: Universal Music worth $50 bn as shares soar on stock debut

Paris: Shares in Universal Music, the world´s biggest label with a lineup of megastars from The Beatles to Taylor Swift, surged on its stock market debut Tuesday, giving the company a valuation exceeding $50 billion. With shares leaping from 18.50 euros to over 25 euros ($29), the US-based music giant found itself valued at EUR 46.3 billion ($54.3 billion) in …

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