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How to buy Universal Music Group stock when it goes public

Here's everything we know so far about the Universal Music Group IPO.

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Dawn Daniels

Updated

Fact checked

Universal Music Group stock is shooting up today on its first day of trading in Amsterdam, where it is listed as UMG.

What we know about the Universal Music Group IPO

UMG was spun out from French media giant Vivendi. The heart of the music firm is deals that make it the home of top-tier artists including Lady Gaga and Taylor Swift.

How to buy Universal Music Group stock when it starts trading

Once Universal Music Group goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

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How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Universal Music Group stock.

See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.

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Dawn Daniels is a freelance content strategist and SEO manager and former editor at Finder, specializing in investments and lending. Dawn has edited more than 50 published books, including personal finance titles that have become best sellers on the Amazon Top 100. She holds a BA in English language and literature from Cornell College. See full bio

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