Live Nation Entertainment Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Live Nation Entertainment Inc. (LYV) fell 1.12% to $138.14 on Thursday, marking its fifth consecutive day of losses. The stock is now 21.18% below its 52-week high of $175.25. In contrast, the S&P 500 Index rose 0.55% and the Dow Jones Industrial Average increased by 0.63%. Live Nation underperformed compared to competitors like Madison Square Garden Sports Corp. and Sphere Entertainment Co., with trading volume at 2.3 million, below the 50-day average of 2.9 million.
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