Monday, May 17

Live Nation Entertainment Inc. stock outperforms competitors on strong trading day


Shares of Live Nation Entertainment Inc.
LYV,
+1.00%

inched 1.00% higher to $85.01 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
+0.20%

rising 0.20% to 31,522.75 and the S&P 500 Index
SPX,
-0.06%

falling 0.06% to 3,932.59. This was the stock’s sixth consecutive day of gains. Live Nation Entertainment Inc. hit a new 52-week high, surpassing its previous peak of $84.21, which the company reached on February 12th.

The stock outperformed some of its competitors Tuesday, as eBay Inc.
EBAY,
-0.23%

fell 0.23% to $62.87, World Wrestling Entertainment Inc. Cl A
WWE,
+0.19%

rose 0.19% to $46.50, and MSG Networks Inc. Cl A
MSGN,
-0.94%

fell 0.94% to $15.81. Trading volume (3.5 M) eclipsed its 50-day average volume of 2.3 M.


Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.



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