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Shares of Live Nation Entertainment Inc.
slipped 0.13% to $82.08 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.92% to 3,818.80 and Dow Jones Industrial Average
falling 0.62% to 30,981.33. This was the stock’s third consecutive day of losses. Live Nation Entertainment Inc. closed $45.67 below its 52-week high ($127.75), which the company achieved on November 5th.
The stock underperformed when compared to some of its competitors Tuesday, as eBay Inc.
rose 0.86% to $43.20 and World Wrestling Entertainment Inc. Cl A
rose 1.21% to $63.72. Trading volume (1.2 M) remained 1.0 million below its 50-day average volume of 2.3 M.