LYV - Live Nation Entertainment: The Company Will Bleed Money If We See Future Lockdowns

• The release of vaccines caused LYV to surge in price (+21.16%) during early November, along with other companies that were beaten down from COVID.
• However, whilst analysts remain optimistic because of growing PMIs and vaccination rates, this optimism is dissociated from the reality of political policy.
• It is clear that we are dealing with a virus which will constantly mutate, and irrespective of lethality, the go-to policy for the political class is greater restrictions.
• If the US government decides to emulate these policies again, which are being utilized by the rest-of-world, it will lead to severe financial distress for LYV.

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