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Live Nation a Rare Winner as Music Stocks Have Tough Week
Live Nation was the top music stock for the week's Billboard Global Music Index, rising 2.5% to $97.02 and one of four stocks in positive territory.
The Billboard Global Music Index fell 1.9% to 1,788.83 as 16 of its 20 stocks finished the week in negative territory. Music streaming companies Deezer and Anghami were two of the week’s other big winners with gains of 1.0% and 0.9%, respectively. The index didn’t fall further than 1.9% because many of its most valuable companies suffered only minor losses this week.
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