Monday, June 14

Live Nation Entertainment Inc. stock falls Friday, underperforms market


Shares of Live Nation Entertainment Inc.
LYV,
-1.01%

slipped 1.01% to $87.88 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.10%

rising 0.10% to 3,943.34 and the Dow Jones Industrial Average
DJIA,
+0.90%

rising 0.90% to 32,778.64. The stock’s fall snapped a two-day winning streak. Live Nation Entertainment Inc. closed $6.75 short of its 52-week high ($94.63), which the company achieved on March 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as eBay Inc.
EBAY,
-0.78%

fell 0.78% to $55.80, World Wrestling Entertainment Inc. Cl A
WWE,
-1.63%

fell 1.63% to $57.21, and MSG Networks Inc. Cl A
MSGN,
+3.86%

rose 3.86% to $20.44. Trading volume (2.0 M) remained 419,270 below its 50-day average volume of 2.5 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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