Reservoir Media, Inc. Common Stock (RSVR)
Reservoir Media, Inc. is a music rights management company that specializes in acquiring, licensing, and managing intellectual property in the music industry. Founded in 2007, it focuses on catalogs of songwriters, artists, and composers, helping to maximize the value of musical assets through royalties and licensing opportunities. Reservoir serves a diverse range of clients, from individual songwriters to major entertainment companies.
Company News
Reservoir Media (RSVR) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced that it will release financial results for the fourth fiscal quarter and fiscal year 2024 ended March 31, 2024, before market open on Thursday, May 30, 2024.
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