RUMOR MILL
Thursday, October 7, 2021
LIVE NATION STOCK
TOPS $100 A SHARE
Live Nation stock closed at a record high of $101.03 Wednesday, the first time in its history that it has topped the century mark.
The stock is up more than 10% over the last week, 15.2% over the last month and a whopping 220% since the COVID shutdown of mid-March 2020. In after-hours trading, it continued to rise and opened today at $101.31 a share.
The company's valuation is now north of $25 billion.
By the end of September, Live Nation’s growth had wildly outpaced the S&P 500 over the previous year, rising 77.2% to 27.1%. Longtime holders of the stock have seen it rise 217% over the last five years.
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)rumor mail
