Published on 10 Jan 2022 on Market Watch
Live Nation Entertainment Inc. stock outperforms competitors despite losses on the day
Shares of Live Nation Entertainment Inc. slipped 0.47% to $115.32 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's second consecutive day of losses. Live Nation Entertainment Inc. closed $12.43 below its 52-week high ($127.75), which the company achieved on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as eBay Inc. fell 2.64% to $64.57 and World Wrestling Entertainment Inc. Cl A rose 2.28% to $51.16. Trading volume (3.1 M) eclipsed its 50-day average volume of 2.5 M.