Sphere Entertainment Action rises again on “OZ Wizard”

SPhere Entertainment co. was a top music stock for another consecutive week after she received 7.8% to $ 48.90 for the week finished 5. September.

After an increase in 6.8% of the previous week, it was continued in SPFA fun in the sphere enthusiasm for reversed Wizard of OZ It debuted on the sphere of 28. August. Wednesday (September 3), stock reached high $ 52.98 of $ 49.98 after company announced He opened $ 27.5 million in a common action, putting it in the range of all the time of $ 51.19 set in February 2021. years.

German Concert Promoter CTS Eventim was a music stock of the week no. 2, 5.5% increased to 84.45 euros ($ 98.99). Tuesday, Rothschild & Co. upgraded CTS eventim on “Buy” rating and reduced the price to 105.00 euros ($ 123.08) from 109.00 euros ($ 127.77).

Spotify was no. 3 After obtaining 3.6% to $ 707.19. Wednesday, Guggenheim repeated His “buy” rating and target price list of $ 850 for spotification, while the case is making that the company’s ability to raise prices will help “exceed current consensus evaluations” in 2026 and beyond. Although spotify is significantly below its all time in the amount of 785.00 USD, 27. June, this year he gained 51.6%, which makes it one of the best music stocks.

The 19-Billboard Global Music Index (BGMI) company increased 1.7% to 3.301.18, bringing its annual gain at 42.7%. A dozen index stocks gained value during the week while seven of the lost soils.

K-POP companies were among 12 actions that have received the value of this week. JIP Entertainment increased by 3.4%, lifting his annual gain at 10.9%. Hibe has improved 1.2%, which has improved its 2025 gain at 44.5%. Sm for fun increased by 0.9%, lifting his annual gain at 93.0%.

In addition to spotification, the largest components of BGMI had small gains or modest losses. The universal music group increased by 0.7% at 24.30; His in progress is 1.6%. Tencent Music Entertainment was a rare week to reduce 0.2% to $ 24.49 and lowers its 2025. Years at 119.6%. The living nation fell 1.9% to $ 163.42, dropping its annual gain at 26.2%.

The Livone Music Streamer was the greatest weekly loser after the fall 20.0% to $ 0.44. IHeartMedia and Cumulus Media have dropped 11.4% and 5.9%, respectively.

Markets ended the next week but struggled at the end of the week after a Disappointed job report They showed smaller than the expected increase in payrolls and an increase in unemployment rate. The Bureau for Report on Statistics on Friday (5. September) discovered that Nefarm Payment Writings increased in August, in August in relation to the economist of 75,000. June earnings are revised for 27,000 jobs, while July was revised for 6,000. The unemployment rate increased to 4.3%.

In the United States, a difficult difficult NASDAK composite index on NASDADA increased 2.6%, and the S & P 500 received 0.2%. The United Kingdom FTSE 100 also received 0.2%. The composite index of South Korea in South Korea increased by 0.6%. The Chinese composite index in Shanghai fell 1.2%.