UMG Disappoints Markets Again

Posted by Emmanuel Torregano le 4 mai 2026

After reporting quarterly results that fell short of expectations—sending its stock down by about 7%—Universal Music Group announced the sale of half of its stake in Spotify and the doubling of its share buyback program to 1 billion euros.

Universal Music Group (UMG) reported first-quarter 2026 results that fell short of analysts’ expectations, causing its stock price to drop by about 7% on Wednesday….