When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
LYV - Why Live Nation Entertainment Stock Jumped 15% on Friday
Live Nation Entertainment Inc.
Shares of entertainment stock Live Nation Entertainment (NYSE: LYV) jumped as much as 18.8% in trading on Friday after the company reported third-quarter 2021 financial results. Shares closed the day up 15.2%.
Revenue exploded from just $184 million a year ago to $2.7 billion in the quarter and an operating loss of $504.4 million swung to a profit of $137.1 million. Net income was $46.9 million, or $0.19 per share.