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# WMG Stock Ends First Day 20% Above IPO Price [UPDATED]
- URL: https://www.hypebot.com/wmg-stock-surges-17-above-ipo-price/
- Published: 2020-06-03T15:30:00.000Z
- Updated: 2020-06-04T13:47:18.000Z
- Description: Warner Music Group stock closed up 20.48% from a $25 IPO price on Wednesday, its first day of trading. The day added more than $2.5 billion to WMG’s valuation which. Continue reading [https://www.hypebot.com/hypebot/2020/06/wmg-stock-surges-17-above-ipo-price.html]
- Author: Bruce Houghton
- Tags: Major Labels, Music Business, #wp, #wp-post, #Import 2026-01-21 09:51

Warner Music Group stock closed up 20.48% from a $25 IPO price on Wednesday, its first day of trading.

The day added more than $2.5 billion to WMG’s valuation which now tops $15 billion.

The first trade for WMG stock was at $27.00 at 11:52 a.m. ET for 7.1 million shares. By the closing bell, the stock was at $30.12 USD up %5.12 or 20.48%.

The broader NASDAQ Composite Index was up just 0.78% for the day.

WMG was the biggest IPO of the year so far and had been priced within an expected trading range of $23 to $26.

**More: [Details Of Today’s WMG IPO](https://www.hypebot.com/wmg-sets-ipo-share-price-date-of-nasdaq-debut/)**