Entertainment

Shares of Live Nation Entertainment Inc. better than the market despite daily losses

Shares of Live Nation Entertainment Inc. lyv,
-1.71%
fell 1.71% to $92.31 on Friday in what turned out to be a dismal trading session for the S&P 500 SPX stock market.
-2.91%
a 2.91% drop to 3900.86 and the Dow Jones Industrial Average DJIA,
-2.73%
a 2.73% drop to 31,392.79. It was the third straight day of stock losses. Shares of Live Nation Entertainment Inc. closed $35.44 below its 52-week high of $127.75, which the company reached on Nov. 5.

Despite its losses, the stock outperformed some of its competitors on Friday, such as eBay Inc. ebay,
-5.16%
fell 5.16% to $44.28 and World Wrestling Entertainment Inc. C A WWE,
-4.26%
fell 4.26% to $63.64. Trading volume (2.6 million) exceeded the 50-day average of 2.2 million.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. Please see our market data terms and conditions.

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