Market Overview

Why Live Nation's Stock Is Trading Lower Today

Why Live Nation's Stock Is Trading Lower Today

Live Nation Entertainment (NYSE: LYV) shares are trading lower on Friday, after weakness potentially related to event cancellations as a result of the coronavirus pandemic.

Also, Morgan Stanley analysts cut their price target from $80 to $40.

See Also: The Concert Business Is About To Go Silent From Coronavirus

Live Nation is an American events promoter and venue operator. The company was formed in 1996 by Robert Sillerman as SFX Entertainment. Its business was built around consolidating concert promoters into a national company.

Live Nation shares were trading down 9.4% at $30.75 on Friday. The stock has a 52-week high of $76.60 and a 52-week low of $21.70.

Latest Ratings for LYV

May 2020Morgan StanleyMaintainsEqual-Weight
Apr 2020G.researchMaintainsBuy
Apr 2020Morgan StanleyMaintainsEqual-Weight

View More Analyst Ratings for LYV
View the Latest Analyst Ratings


Related Articles (LYV)

View Comments and Join the Discussion!

Posted-In: why it's movingNews Price Target Analyst Ratings

Latest Ratings

MGNXSVB LeerinkMaintains27.0
RCUSSVB LeerinkReiterates42.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at