Shares of Live Nation Entertainment Inc.
shed 2.27% to $94.28 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 1.29% to 4,228.48 and Dow Jones Industrial Average
falling 0.86% to 33,706.74. This was the stock’s third consecutive day of losses. Live Nation Entertainment Inc. closed $33.47 below its 52-week high ($127.75), which the company achieved on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as eBay Inc.
fell 3.03% to $47.07 and World Wrestling Entertainment Inc. Cl A
rose 0.33% to $70.89. Trading volume (1.1 M) remained 347,559 below its 50-day average volume of 1.5 M.