Live Nation Entertainment Inc. stock falls Thursday, underperforms market

Shares of Live Nation Entertainment Inc.
LYV,
-0.58%
shed 0.58% to $97.50 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-0.08%
falling 0.08% to 4,151.94 and Dow Jones Industrial Average
DJIA,
-0.26%
falling 0.26% to 32,726.82. The stock’s fall snapped a four-day winning streak. Live Nation Entertainment Inc. closed $30.25 below its 52-week high ($127.75), which the company reached on November 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as eBay Inc.
EBAY,
-5.17%
fell 5.17% to $47.87 and World Wrestling Entertainment Inc. Cl A
WWE,
+0.35%
rose 0.35% to $71.23. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.6 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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