Shares of Live Nation Entertainment Inc.
slipped 1.50% to $78.80 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.20% to 4,367.48 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. The stock’s fall snapped a two-day winning streak. Live Nation Entertainment Inc. closed $15.83 below its 52-week high ($94.63), which the company achieved on March 3rd.
The stock underperformed when compared to some of its competitors Thursday, as eBay Inc.
rose 3.15% to $72.06 and World Wrestling Entertainment Inc. Cl A
rose 0.04% to $49.61. Trading volume (1.3 M) remained 882,210 below its 50-day average volume of 2.2 M.