LIVE NATION STOCK: MORE RECORDS?

Could Live Nation's share price top $90 prior to the announcement Thursday of its 2020 annual results?

The stock opened this morning just under $88 after closing Friday at a record price of $88.09. It's seen a 62% rise over the last six months, a period during which no concerts were mounted, few tickets were sold and the exchange of money came largely in the form of refunds.

The rise in the stock price reflects not only investors’ belief that there is an intense build-up of demand for live entertainment but faith in the cost-saving maneuvers and refinancing plans Michael Rapino has engineered over the last 12 months.

A year ago today, when the 2020 concert landscape appeared to be the busiest ever, the stock sold for about $68, before going on a four-week slide that took it down to below $30.

Stay tuned.

TIKTOK'S OLE OBERMANN: THE HITS INTERVIEW
He makes TikTok tick. (11/26a)
THE 2024 HITS LIST TURKEY TROT
...with all the trimmings (11/26a)
NEAR TRUTHS: WITCHING HOUR
Casting a spell (11/21a)
KENDRICK’S GNX: SONG BY SONG
Looking under the hood of surprise album (11/25a)
NEAR TRUTHS: EXPECT THE UNEXPECTED
One name keeps popping up amid the Roan-related speculation. (11/26a)
NOW WHAT?
We have no fucking idea.
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
WHO'S BUYING THE DRINKS?
That's what we'd like to know.
 Email

 First Name

 Last Name

 Company

 Country