Shares of Live Nation Entertainment Inc. LYV inched 0.52% higher to $89.70 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.08% to 4,226.52 and Dow Jones Industrial Average DJIA falling 0.36% to 34,630.24. The stock's rise snapped a three-day losing streak. Live Nation Entertainment Inc. closed $4.93 short of its 52-week high ($94.63), which the company reached on March 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as eBay Inc. EBAY rose 0.34% to $65.45, World Wrestling Entertainment Inc. Cl A WWE fell 0.95% to $56.29, and MSG Networks Inc. Cl A MSGN rose 1.72% to $15.98. Trading volume (1.2 M) remained 860,883 below its 50-day average volume of 2.1 M.