Entertainment

Shares of Live Nation Entertainment Inc. lagging behind competitors on Thursday

Shares of Live Nation Entertainment Inc. lyv,
-5.66%
fell 5.66% to $81.77 on Thursday in what turned out to be a dismal trading session for the S&P 500 SPX stock market.
-3.25%
a 3.25% drop to 3666.77 and the Dow Jones Industrial Average DJIA,
-2.42%
a fall of 2.42% to 29,927.07. The drop in stocks ended a two-day winning streak. Shares of Live Nation Entertainment Inc. closed $45.98 below its 52-week high of $127.75, which the company reached on Nov. 5.

On Thursday, the stock underperformed some of its peers such as eBay Inc. ebay,
-5.58%
fell 5.58% to $41.08 and World Wrestling Entertainment Inc. C A WWE,
-3.44%
fell 3.44% to $64.87. Trading volume (1.9 million) remained 382,331 below the 50-day average of 2.3 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

bouzara

Leave a Comment