Published on 7 Jan 2022 on Market Watch
Shares of Live Nation Entertainment Inc. slid 2.92% to $115.86 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.41% to 4,677.03 and Dow Jones Industrial Average falling 0.01% to 36,231.66. Live Nation Entertainment Inc. closed $11.89 below its 52-week high ($127.75), which the company reached on November 5th.
The stock underperformed when compared to some of its competitors Friday, as eBay Inc. fell 0.73% to $66.32 and World Wrestling Entertainment Inc. Cl A rose 2.04% to $50.02. Trading volume (2.0 M) remained 518,270 below its 50-day average volume of 2.5 M.