Somewhat Favorable News Coverage Somewhat Unlikely to Impact Liberty Media Corporation (NASDAQ:FWONK) Stock Price

Press coverage about Liberty Media Corporation (NASDAQ:FWONK) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Liberty Media Corporation earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.121885784733 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the media headlines that may have effected Accern’s rankings:

FWONK has been the subject of a number of research analyst reports. Morgan Stanley reissued an “equal weight” rating and issued a $35.00 target price (up previously from $29.00) on shares of Liberty Media Corporation in a report on Thursday, June 1st. Barclays PLC initiated coverage on Liberty Media Corporation in a report on Tuesday, May 23rd. They issued an “equal weight” rating and a $33.00 target price for the company. Finally, Zacks Investment Research raised Liberty Media Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st.

Liberty Media Corporation (NASDAQ:FWONK) traded up 1.76% during trading on Friday, hitting $34.61. The stock had a trading volume of 1,339,386 shares. The company’s 50 day moving average is $34.83 and its 200 day moving average is $33.70. The firm’s market cap is $6.99 billion. Liberty Media Corporation has a 52-week low of $20.77 and a 52-week high of $37.18.

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Liberty Media Corporation Company Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts 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 two satellite radio systems.

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