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May 19, 2021, 5:07 p.m. EDT

Live Nation Entertainment Inc. stock rises Wednesday, outperforms market

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Shares of Live Nation Entertainment Inc. LYV inched 0.24% higher to $87.30 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.29% to 4,115.68 and Dow Jones Industrial Average DJIA falling 0.48% to 33,896.04. This was the stock's second consecutive day of gains. Live Nation Entertainment Inc. closed $7.33 below 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 Wednesday, as eBay Inc. EBAY fell 2.45% to $59.79, World Wrestling Entertainment Inc. Cl A WWE fell 0.53% to $52.69, and MSG Networks Inc. Cl A MSGN rose 1.37% to $15.52. Trading volume (2.8 M) eclipsed its 50-day average volume of 2.1 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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