Published on 22 Nov 2021 on Market Watch
Live Nation Entertainment Inc. stock falls Monday, underperforms market
Shares of Live Nation Entertainment Inc. slid 0.38% to $112.11 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.05% to 35,619.25 and the S&P 500 Index falling 0.32% to 4,682.94. This was the stock's fifth consecutive day of losses. Live Nation Entertainment Inc. closed $15.64 below its 52-week high ($127.75), which the company achieved on November 5th.
Despite its losses, the stock outperformed some of its competitors Monday, as eBay Inc. fell 1.42% to $73.57 and World Wrestling Entertainment Inc. Cl A fell 2.77% to $51.20. Trading volume (2.8 M) eclipsed its 50-day average volume of 2.2 M.