Reside Nation Leisure Inc. inventory falls Thursday, underperforms market

Live Nation Entertainment Inc.
LYV, -4.63%
The S&P 500 index fell 4.63% to $ 75.12 on Thursday. This turned out to be an all round positive trading session for the stock market
SPX, + 0.82%
Up 0.82% to 4,201.62 and the Dow Jones Industrial Average
DJIA, + 0.93%
Increase of 0.93% to 34,548.53. This was the third day in a row that the stock suffered losses. Live Nation Entertainment Inc. closed $ 19.51 off its 52-week high ($ 94.63) that the company hit on March 3.

The stock underperformed some of its peers on Thursday as eBay Inc.
EBAY, + 1.00%
rose 1.00% to $ 58.82, World Wrestling Entertainment Inc. Cl A.
WWE, + 1.38%
rose 1.38% to $ 54.96 and MSG Networks Inc. Cl A.
MSGN, + 0.33%
rose 0.33% to $ 15.32. The trading volume (4.0 million) exceeded the 50-day average volume of 2.0 million EUR.

Editor’s note: This story was generated automatically by Automated insights, an automation technology provider using data from Dow Jones and FactSet. See our terms of use for market data.