Live Nation Entertainment Inc. stock falls Tuesday, underperforms market

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Shares of Live Nation Entertainment Inc.
LYV,
-3.13%

shed 3.13% to $81.64 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-0.76%

falling 0.76% to 3,910.52 and Dow Jones Industrial Average
DJIA,
-0.94%

falling 0.94% to 32,423.15. This was the stock’s third consecutive day of losses. Live Nation Entertainment Inc. closed $12.99 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 Tuesday, as eBay Inc.
EBAY,
+0.03%

rose 0.03% to $60.31, World Wrestling Entertainment Inc. Cl A
WWE,
-2.37%

fell 2.37% to $56.37, and MSG Networks Inc. Cl A
MSGN,
-3.19%

fell 3.19% to $19.14. Trading volume (2.0 M) remained 524,941 below its 50-day average volume of 2.5 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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