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HYBE Shares Jump Nearly 14% on Q1 Earnings as Music Stocks Gain for Fourth Straight Week

HYBE shares were up nearly 14% this week on its latest earnings report as music stocks rose again, including Universal Music, Spotify and Live Nation.

Universal Music Group, Spotify, Live Nation and Deezer also posted gains following their quarterly earnings reports. Spotify finished the week up 3.7% to $643.73 despite its shares dropping 3.4% on Tuesday after the company’s first-quarter earnings report included guidance on second-quarter subscription additions that seemed to underwhelm investors. Live Nation, which reported first quarter earning s on Thursday (May 1) and predicted a “historic” 2025, gained 2.3% on Friday and finished the week up 0.7%.

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