Liberty Media Stock Gaps Up On Today's Open (LMCA)
Shares of Liberty Media Corporation (Nasdaq:LMCA) were gapping up Friday morning with an open price 27.2% higher than Thursday's closing price. The stock closed at $110.55 yesterday and opened today's trading at $140.63.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Shares of Liberty Media Corporation (Nasdaq: LMCA) were gapping up Friday morning with an open price 27.2% higher than Thursday's closing price. The stock closed at $110.55 Thursday and opened today's trading at $140.63.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
The average volume for Liberty Media has been 1.5 million shares per day over the past 30 days. Liberty Media has a market cap of $0.0 and is part of the services sector and media industry. Shares are down 2.5% year to date as of the close of trading on Thursday. Liberty Media Corporation, through its subsidiaries, engages in media, communications, and entertainment businesses primarily in North America. TheStreet Ratings rates Liberty Media as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Liberty Media Ratings Report. Get more investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.