Wall Street
Wall Street Wrap: WMG Finally Cools Amidst Mild Declines…
Wall Street was mixed on Wednesday, and the Dow (DJIA) posted another mild loss (down 0.83 percent to 9,748.55). Warner Music Group (WMG) finally cooled, dropping 3.68 percent to $5.76. Sirius XM Radio (SIRI) remained troubled and sub-$1, slipping 0.28 percent to 68 cents. A number of others posted mild declines, including SanDisk (SNDK), RealNetworks (RNWK), Ticketmaster (TKTM), The Orchard (ORCD), and CBS Corporation (CBS).
Report by Alexandra Osorio