Shares of Live Nation Entertainment Inc.
rose 5.75% to $82.18 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.24% to 4,422.30 and the Dow Jones Industrial Average
rising 0.24% to 35,144.31. The stock’s rise snapped a two-day losing streak. Live Nation Entertainment Inc. closed $12.45 short of its 52-week high ($94.63), which the company achieved on March 3rd.
The stock outperformed some of its competitors Monday, as eBay Inc.
fell 0.38% to $73.26 and World Wrestling Entertainment Inc. Cl A
rose 1.20% to $49.61. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.1 M.