Entertainment

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

Shares of Live Nation Entertainment Inc. lyv,
-0.45%
fell 0.45% to $84.00 on Wednesday in what appeared to be a mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+0.27%
up 0.27% to 31,029.31 and S&P 500 Index SPX,
-0.07%
a 0.07% drop to 3818.83. It was the third straight day of stock losses. Shares of Live Nation Entertainment Inc. closed $43.75 below its 52-week high of $127.75, which the company reached on Nov. 5.

On Wednesday, the stock underperformed some of its peers such as eBay Inc.
+0.05%
rose 0.05% to $42.67, while World Wrestling Entertainment Inc. C A WWE,
+1.41%
pink up 1.41% to $62.01. Trading volume (1.1 million) remained 1.2 million 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.

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