Warner Music Group Surpasses Key 200-Day Moving Average Indicating Positive Momentum

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On Monday, Warner Music Group Corp (WMG) saw its shares surpass the 200-day moving average of $31.07, trading as high as $31.30. The stock is currently up approximately 4.9% for the day.

Over the past year, WMG shares have ranged from a low of $27.06 to a high of $38.05, with the latest trade recorded at $31.29.

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