The stock of Liberty Media Corporation – Series C Liberty Media (NASDAQ:LMCK) is a huge mover today! About 151,179 shares traded hands. Liberty Media Corporation – Series C Liberty Media (NASDAQ:LMCK) has risen 11.35% since April 14, 2016 and is uptrending. It has outperformed by 6.67% the S&P500.
The move comes after 8 months positive chart setup for the $1.72 billion company. It was reported on Nov, 16 by Barchart.com. We have $44.26 PT which if reached, will make NASDAQ:LMCK worth $705.20 million more.
According to Zacks Investment Research, “Liberty Media Corporation owns interests in a broad range of media, communications and entertainment businesses through their operating subsidiaries and investments in various publicly-traded companies. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels, as well as infotainment services on a subscription fee basis through its satellite radio systems; provides next-generation connected vehicle applications and services; streams music and non-music channels over the Internet; sells satellite and Internet radios to consumers through Website and retailers; and offers other ancillary services, such as weather, traffic, data, and Backseat television services. Liberty Media Corporation is headquartered in Englewood, Colorado.”
More notable recent Liberty Media Corporation – Series C Liberty Media (NASDAQ:LMCK) news were published by: Businesswire.com which released: “Liberty Media Corporation to Present at the Morgan Stanley European Technology …” on November 14, 2016, also Marketwatch.com with their article: “Liberty Media Corp. Series C Liberty Braves” published on May 04, 2016, Businesswire.com published: “Liberty Media Corporation Announces Terms for Previously Announced Rights Offering” on May 16, 2016. More interesting news about Liberty Media Corporation – Series C Liberty Media (NASDAQ:LMCK) were released by: Businesswire.com and their article: “Liberty Media Corporation Announces Ex-Dividend Date, When-Issued Trading and …” published on May 18, 2016 as well as Fool.com‘s news article titled: “What Happened to Liberty Media Corp. Shares Today” with publication date: April 18, 2016.
LMCK Company Profile
Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc. (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc. (Live Nation). The Firm operates through two divisions: SIRIUS X, and corporate and other. SIRIUS XM transmits its music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its approximately two satellite radio systems. Subscribers can also receive music and other channels, and features, such as Sirius XM On Demand and MySXM, over SIRIUS XM’s Internet radio service, including through applications for mobile devices. SIRIUS XM has approximately 29.6 million subscribers. The Company’s corporate and other segment includes its consolidated subsidiary, Braves Holdings.
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