Published on 3 Dec 2021 on Market Watch
Live Nation Entertainment Inc. stock underperforms Friday when compared to competitors
Shares of Live Nation Entertainment Inc. slipped 5.06% to $100.93 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.84% to 4,538.43 and Dow Jones Industrial Average falling 0.17% to 34,580.08. Live Nation Entertainment Inc. closed $26.82 below its 52-week high ($127.75), which the company achieved on November 5th.
The stock underperformed when compared to some of its competitors Friday, as eBay Inc. fell 0.64% to $67.05 and World Wrestling Entertainment Inc. Cl A rose 0.59% to $49.42. Trading volume (3.7 M) eclipsed its 50-day average volume of 2.3 M.