Universal Music Shares Plunge on Slowing Subscription Growth
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Universal Music Group's shares dropped by approximately 23% after the company reported slower-than-expected growth in subscriptions and streaming services. The decline in share value was significant, with the company losing nearly a quarter of its market capitalization.
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Universal Music shares sink 23% as subscription growth slows
Universal Music Shares Plunge After Subscriptions, Streaming Growth Un...
Universal Music shares sink 23% as subscription growth slows https://t...
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