Shares of Live Nation Entertainment Inc.
sank 0.48% to $84.45 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.44% to 3,913.97 and Dow Jones Industrial Average
falling 0.38% to 31,493.34. This was the stock’s second consecutive day of losses. Live Nation Entertainment Inc. closed $2.27 below its 52-week high ($86.72), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Thursday, as eBay Inc.
fell 0.40% to $62.80, World Wrestling Entertainment Inc. Cl A
fell 0.46% to $47.27, and MSG Networks Inc. Cl A
fell 0.38% to $15.91. Trading volume (1.7 M) remained 605,145 below its 50-day average volume of 2.3 M.