Why Alliance Entertainment Stock Surged Today
CDs and vinyl records are popular again.
Overview
Shares of Alliance Entertainment (NASDAQ: AENT) popped on Friday after the distributor of music, movies, games, and toys reported broad-based gains in sales and profits.
Image source: Getty Images.
Alliance's net revenue rose 8% year over year to $1.1 billion in its 2026 fiscal year, which ended on June 30.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.