Large Outflow of Money Witnessed in Liberty Media Corporation

Liberty Media Corporation (LMCK) : Money flow in the Liberty Media Corporation (LMCK) stock was negative (5.59 million) on Tuesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $0.59 million, compared to $6.18 million on downticks. The total uptick to downtick ratio was 0.1, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($5.59 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $5.59 million, indicating persistent selling. Liberty Media Corporation (LMCK) traded $0.27 higher at $19.8 gaining 1.38% over the previous days close.


During last six month period, the net percent change held by insiders has seen a change of -2.13%.

Shares of The Liberty Media Group rose by 4.29% in the last five trading days and 6.78% for the last 4 weeks. The Liberty Media Group has dropped 28.17% during the last 3-month period . Year-to-Date the stock performance stands at -29.34%.

Liberty Media Corporation (NASDAQ:LMCK): stock turned positive on Tuesday. Though the stock opened at $19.52, the bulls momentum made the stock top out at $20.02 level for the day. The stock recorded a low of $19.52 and closed the trading day at $19.7, in the green by 0.87%. The total traded volume for the day was 583,240. The stock had closed at $19.53 in the previous days trading.

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 Companys 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. Atlanta National League Baseball Club, Inc. (ANLBC) owns and operates the Atlanta Braves Major League Baseball (MLB) franchise and five league baseball clubs. Live Nation Entertainment, Inc. (Live Nation) has four business segments: Concerts, Ticketing, Artist Nation and Sponsorship & Advertising.

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