Quantcast

LIVE NATION STOCK HITS ALL-TIME HIGH

Live Nation stock closed at the highest price in its history on Tuesday after CNBC commentator Josh Brown said the company was worth a long-term buy.

The stock closed at $76.54 after topping out at $78 during the day. Its previous high was in mid-January 2020—$74.65—when 2020 looked liked it was heading for a banner year in the concert industry. 

"I think there's a lot of upside here and when it does break out, I think the stock will get discovered,” Brown said. “I've been an admirer of the company for a long time, but now I'm finally an investor."

The stock rose by more than 5% to $75.40 a share around lunchtime on the East Coast, the first time it had topped $75 since February. Live Nation stock is up 38% over the last six months.

1 TRENDING TOPIC:
THE CAT’S PAJAMAS
Doja claws her way toward stardom. (4/16a)
NEW & DEVELOPING ARTISTS: Q2 EDITION
Who's next? (4/16a)
STREAMING SONGS:
POLO'S SOLO
"RAPSTAR" is accurately titled. (4/16a)
HITS LIST: RULES
FOR ENTRY
It's exclusive, but you're invited to come on in. (4/16a)
U.K. CHARTS: SWIFT TOPS THE BEATLES
She's huge on both sides of the pond. (4/16a)
RHYTHM, BLUES AND THE FUTURE
The musical tapestry we know as R&B.
WHO'S NEXT?
Predicting the next big catalog deal.
JUST THE VAX, MA'AM
Once we all get vaccinated, how long before we can party?
WORLDWIDE GROOVE
How is globalization bringing far-flung territories into the musical mainstream?
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)