Published on 29 Nov 2021 on Market Watch
Live Nation Entertainment Inc. stock rises Monday, outperforms market
Shares of Live Nation Entertainment Inc. rallied 4.17% to $107.85 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.32% to 4,655.27 and the Dow Jones Industrial Average rising 0.68% to 35,135.94. The stock's rise snapped a two-day losing streak. Live Nation Entertainment Inc. closed $19.90 below its 52-week high ($127.75), which the company achieved on November 5th.
The stock outperformed some of its competitors Monday, as eBay Inc. fell 2.65% to $70.55 and World Wrestling Entertainment Inc. Cl A fell 1.11% to $50.80. Trading volume (2.8 M) eclipsed its 50-day average volume of 2.2 M.