Outpacing other major labels and falling to €15, Universal Music Group’s stock is plummeting due to slowing streaming growth, AI-related concerns, and the postponement of its dual listing, leaving the door open to speculative investors. Listed on the Amsterdam Stock Exchange, Universal Music Group shares have lost momentum in recent months. Bucking the trend in the music market, the share price has plummeted to €15, far below its initial public offering price. During the lengthy preparations for this IPO, Vivendi had announced that the major label’s valuation was expected to reach $40 billion. Shortly before its IPO, the major label had been valued at 35 billion euros, following Pershing…
