Wireless Festival boss stands by Ye headlining concerts as sponsors pull out [Yahoo! Finance Canada]
Diageo plc (DEO)
US:NYSE Investor Relations:
diageo.com/en/investors
Company Research
Source: Yahoo! Finance Canada
Melvin Benn, the managing director at Festival Republic, shared a statement on Monday backing his company's decision to book Ye. “Forgiveness and giving people a second chance are becoming a lost virtue in this ever-increasing divisive world,” he wrote. "I would ask people to reflect on their instant comments of disgust at the likelihood of him performing (as was mine) and offer some forgiveness and hope to him as I have decided to do.” Ye, who changed his name in 2021, is booked to perform in front of around 150,000 revelers over the course of the festival's three nights, July 10 - 12. The rapper has drawn widespread condemnation in recent years for antisemitic remarks and voicing admiration for Adolf Hitler. Last year, he released a song called “Heil Hitler” and advertised a swastika T-shirt for sale on his website. The 48-year-old apologized this past January for his antisemitic remarks in a letter, published as a full-page advertisement in the Wall Street Journal. He said h
Show less
Read more
Impact Snapshot
Event Time:
DEO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DEO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DEO alerts
High impacting Diageo plc news events
Weekly update
A roundup of the hottest topics
DEO
News
- Kanye West's sold-out comeback shows prove that forgiveness is up to the fans — not the brands [Business Insider]Business Insider
- Sponsors pull out of London festival headlined by?Ye [CNN]CNN
- Kanye West was booked as a festival headliner. Brands are now pulling their sponsorship [CNN]CNN
- Kanye West was booked as a festival headliner. Brands are now pulling their sponsorship [CNN]CNN
- ByteTree Q1 2026 Quarterly Investor Letter [Seeking Alpha]Seeking Alpha
DEO
Sec Filings
- 4/1/26 - Form 6-K
- 3/4/26 - Form F-3ASR
- 3/2/26 - Form 6-K
- DEO's page on the SEC website