LYV - Live Nation Entertainment: Avoid The Most Bizarre Stock Of 2020

• Shares of LYV are up nearly 5% in 2020 despite a complete collapse in revenues and nearly $2 billion in financial losses due to the pandemic.
• The market is looking ahead towards an eventual rebound, expecting the company to benefit from pent-up consumer demand for live shows.
• We believe shares of LYV are high-risk at the current level against ongoing uncertainties related to the timetable for the recovery, valuation concerns, and exuberant expectations.

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