Shares of Live Nation Entertainment Inc.
shed 3.34% to $76.78 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 2.50% to 3,759.69 and Dow Jones Industrial Average
falling 1.55% to 32,147.76. This was the stock’s third consecutive day of losses. Live Nation Entertainment Inc. closed $50.97 below its 52-week high ($127.75), which the company reached on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as eBay Inc.
fell 4.40% to $38.06 and World Wrestling Entertainment Inc. Cl A
fell 1.49% to $77.54. Trading volume (1.5 M) remained 2,762 below its 50-day average volume of 1.5 M.