Falling for five consecutive days, Warner Music ended the session at $24.96 (down 0.99%)

Published: May 27 2023, 03:40 GMT+0

Falling for five consecutive days, Warner Music ended the session at $24.96 (down 0.99%)

A quick look at yesterday: the world's 3rd largest recording company has recovered almost all of its session losses after dipping down to $24.64 yesterday.

United States Core Durable Goods Orders published yesterday at 12:30 UTC came out at -0.2%, falling short of the 0% projections and continuing its decline from the previous 0.3% figure.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

The world's 3rd largest recording company has fallen back around 34.67% from the significant high of $38.59 set 4 months ago.

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