Where’s My Rollercoaster? Music Stocks Survive Milder Week

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Wall Street steered clear of its typically hellacious drops last week, a fresh change of pace for investors and music-related stocks.

At the bell on Friday, the Dow gained 0.75 percent, or 64.59 points, to 8,629.68, a mere 6 point drop on the week.  Of course, the week featured its ups and downs, though the fluctuations were far less severe.

The change-of-pace offered music stocks a relative breather, especially those recently skirting all-time lows.  On the week, Warner Music Group (WMG) dropped a slight 2.2 percent to $2.71; Sirius XM Radio (SIRI) shed less than a penny to 14.3 cents; The Orchard (ORCD) slipped 10.6 percent to $2.19; and Source Interlink Companies (SORC) gained 4 cents, or 26.7 percent, to 19 cents.

Others gained on the week.  Apple (AAPL) improved 4.5 percent to $98.27, and Ticketmaster (TKTM) jumped 27.5 percent to $4.87.

Report by news analyst Alexandra Osorio.