During Tuesday’s market hours, Hipgnosis Songs Fund – the publicly traded operation that’s dropped billions on song rights in recent years – parted with 3.4 percent of its stock-price value to finish at an even 82 GBX (currently 93 cents). As mentioned, the figure represents an all-time low for Hipgnosis, shares in which have fallen by about 33 percent since mid-October of 2021.
Source: Hipgnosis Stock Dips to New Low, But Some Analysts Are Upbeat