Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) Announces Quarterly Earnings Results
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Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) announced its quarterly earnings, reporting a loss of ($3.20) per share, significantly missing analysts' expectations of ($0.13). The company generated $63.62 million in revenue, below the anticipated $70.40 million. Following the announcement, LLYVA shares fell by $1.80 to $93.59. Institutional investors hold 25.07% of the stock, with recent changes in stakes from various hedge funds. Analysts have mixed ratings, with Zacks upgrading the stock to 'hold' from 'strong sell'.
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