Warner Music Group pops after Nasdaq debut as the pandemic and protests rage on

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The stock sale immediately follows Blackout Tuesday. “We concluded that there was sufficient market momentum,” the group’s CEO said. Warner Music Group, one of the “big three” U.S. record labels, was trading up by more than 19.5% after debuting on the Nasdaq exchange this morning. The firm priced 77 million shares at $25 and trading opened at $27, making it the biggest U.S. listing of 2020. The share price then rose above $29 per share. Read Full Story

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