Live Nation Entertainment Inc.
The S&P 500 index was down 2.53% to $ 86.68 on Wednesday, which turned out to be an all-round positive trading session for the stock market
SPX, + 0.15%
Up 0.15% to 4,079.95 and the Dow Jones Industrial Average
DJIA, + 0.05%
Increase by 0.05% to 33,446.26. Live Nation Entertainment Inc. closed $ 7.95 below its 52-week high ($ 94.63) that the company hit on March 3.
The stock underperformed some of its peers on Wednesday as eBay Inc.
fell 1.22% to $ 61.76, World Wrestling Entertainment Inc. Cl A.
WWE, + 0.80%
rose 0.80% to $ 56.50 and MSG Networks Inc. Cl A.
MSGN, + 1.50%
rose 1.50% to $ 16.25. The trading volume (1.3 million) remained 1.1 million below its 50-day average volume of 2.4 million.