Shares of Warner Music Group Corp. had been headed for his or her worst day on document Tuesday, after the recording and publishing firm reported that earnings dove in the newest quarter.
Warner Music’s WMG inventory sank as a lot as 12.2% Tuesday and was buying and selling 11% decrease with simply an hour to go within the common buying and selling session. Shares have by no means declined greater than 8.8% in a single session since Warner Music returned to the general public markets in 2020.
Earlier than…