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

Shares of Live Nation Entertainment Inc. lyv,
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.
a 2.91% drop to 3900.86 and the Dow Jones Industrial Average DJIA,
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,
fell 5.16% to $44.28 and World Wrestling Entertainment Inc. C A WWE,
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.


About the author


Leave a Comment