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Why is Liberty Media Corp (LSXMK) Stock down?

04 Aug, 2023:

Liberty Media Corporation (LSXMK) shares fell 31.37% as the company missed Q2 earnings and revenue estimates, with a negative earnings surprise of -50.51%. The stock has declined 16.1% year-to-date. Management's commentary will influence future stock movement.

https://finance.yahoo.com/news/liberty-media-corporation-lsxmk-q2-204004558.html?fr=sycsrp_catchall

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