Sphere Entertainment Co. was the top-performing music stock for the second consecutive week after gaining 7.8% to $48.90 for the week ended Sept. 5.

After rising 6.8% the previous week, Sphere Entertainment rode continued enthusiasm for the revamped The Wizard of Oz that debuted at Sphere on Aug. 28. On Wednesday (Sept. 3), the stock reached a 52-week high of $49.98 after the company announced it repurchased $27.5 million of common stock, putting it within reach of its all-time high of $51.19 set in February 2021.

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