Stock prices around the globe fell on Friday (Nov. 26) after the World Health Organization warned of a new, fast-spreading COVID-19 variant discovered in South Africa.
One of the stocks affected most was Live Nation, which dropped 8.06% on Friday in a shortened day of trading. After rising from $67 a share a year ago to a 52-week high of $127.75 a share in early November, the stock closed at $112.66 Monday, then fell to $103.52 today.
The Dow Industrial Average fell 905 points, or 2.5%, marking its largest one-day percentage drop since October 2020.
The World Health Organization said on Friday that the new variant — called Omicron — “has a large number of mutations, some of which are concerning.” The organization added, “Preliminary evidence suggests an increased risk of reinfection with this variant.”
It is not yer clear how widespread the variant is.
Sir Paul McCartney is encouraging fans to celebrate the soaring legacy of Wings with the launch of the self-titled definitive anthology.
Foreigner have put themselves forward to be the wedding band for Taylor Swift and Travis Kelce’s big day.
His latest songs highlight their love story rather than their struggles.
Suede describes themselves as an "anti-nostalgia band."
NFL commissioner Roger Goodell said, “We would always love for Taylor to perform.”
Radiohead fans are buzzing with speculation that the band could be gearing up for a significant return, after gig flyers appeared advertising a run of UK and European shows scheduled for late 2025.
Bring Me The Horizon have made it clear they have no interest in topping the bill at Glastonbury.
The singer also postponed her U.K. and European dates for her No Secrets tour
Selena Gomez has sweetly addressed her "bestie" Taylor Swift getting engaged.
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