Home Entertainment Live Nation Entertainment Inc. stock falls Tuesday, underperforms market

Live Nation Entertainment Inc. stock falls Tuesday, underperforms market

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Live Nation Entertainment Inc. stock falls Tuesday, underperforms market

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Shares of Live Nation Entertainment Inc.
LYV,
-2.34%

slipped 2.34% to $100.01 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.74%

rising 0.74% to 4,519.63 and the Dow Jones Industrial Average
DJIA,
+0.56%

rising 0.56% to 35,457.31. The stock’s fall snapped a three-day winning streak. Live Nation Entertainment Inc. closed $2.84 below its 52-week high ($102.85), which the company achieved on October 15th.

The stock underperformed when compared to some of its competitors Tuesday, as eBay Inc.
EBAY,
+0.63%

rose 0.63% to $74.72 and World Wrestling Entertainment Inc. Cl A
WWE,
+0.45%

rose 0.45% to $59.97. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.9 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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