Live Nation Entertainment Inc. LYV shares (+ 3.88%) rose 3.88% to $ 83.06 on Monday. This turned out to be an all round bad trading session for the stock market, with the S&P 500 Index SPX falling -1.04%, down 1.04% to 1.04% 4,188.43 and Dow Jones Industrial Average DJIA, -0, 10%, down 0.10% to 34,742.82. This was the second day in a row that the stock made gains. Live Nation Entertainment Inc. closed $ 11.57 off its 52-week high ($ 94.63) that the company hit on March 3.
The stock outperformed some of its competitors on Monday as eBay Inc. EBAY (+ 2.78%) rose 2.78% to $ 61.44, World Wrestling Entertainment Inc. (Cl A WWE) rose -0.51% 0.51% to $ 54.59 and MSG Networks Inc. Cl A MSGN fell + 0.32% rose 0.32% to $ 15.72. The trading volume (3.8 million) exceeded the 50-day average volume of 2.0 million EUR.