Shares of Live Nation Entertainment Inc.
LYV,
advanced 1.47% to $87.22 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.54% to 4,223.70 and Dow Jones Industrial Average
DJIA,
falling 0.77% to 34,033.67. The stock’s rise snapped a two-day losing streak. Live Nation Entertainment Inc. closed $7.41 below its 52-week high ($94.63), which the company reached on March 3rd.
The stock outperformed some of its competitors Wednesday, as eBay Inc.
EBAY,
rose 0.20% to $66.09, World Wrestling Entertainment Inc. Cl A
WWE,
fell 3.18% to $59.73, and MSG Networks Inc. Cl A
MSGN,
rose 0.71% to $15.66. Trading volume (996,805) remained 1.0 million below its 50-day average volume of 2.0 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.
