Sunday, June 13

Live Nation Entertainment Inc. stock outperforms competitors despite losses on the day


Shares of Live Nation Entertainment Inc.
LYV,
-3.61%

slipped 3.61% to $87.22 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-2.45%

falling 2.45% to 3,829.34 and Dow Jones Industrial Average
DJIA,
-1.75%

falling 1.75% to 31,402.01. The stock’s fall snapped a four-day winning streak. Live Nation Entertainment Inc. closed $5.64 below its 52-week high ($92.86), which the company achieved on February 24th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as eBay Inc.
EBAY,
-4.04%

fell 4.04% to $56.98, World Wrestling Entertainment Inc. Cl A
WWE,
-1.83%

fell 1.83% to $48.90, and MSG Networks Inc. Cl A
MSGN,
-5.08%

fell 5.08% to $16.27. Trading volume (3.3 M) eclipsed its 50-day average volume of 2.4 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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