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.
WICKED, DYLAN BIOPIC TO VIE FOR GOLDEN GLOBES
First peek behind the awards-season curtain (12/9a)
| ||
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.
|