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LYV News and Press, Live Nation Entertainment Inc. From 02/11/21

Stock Information

Company Name: Live Nation Entertainment Inc.
Stock Symbol: LYV
Market: NYSE
Website: livenationentertainment.com

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LYV - Live Nation rises 2.1% as Berenberg boosts target on live-event upside

Live Nation Entertainment (LYV +2.1%) is an outlier on the positive side in the Communications Services sector today, rising after a price target hike at Berenberg. The firm lifted its target to $88 from $64, now implying another 8% upside beyond today's 2.1% gain. Berenberg says it sees pent...

LYV - Tracking Akre Capital Management Portfolio - Q4 2020 Update

Akre Capital Management portfolio value increased from $14.19B to $14.80B this quarter. They decreased Markel Corporation during the quarter. The top three positions are Mastercard, Moody’s, and American Tower, and they add up to ~36% of the entire portfolio. For furt...

LYV - Marketplace Contributors 2021 Top Ideas - Part 1

We are trying something new this year where we share and track the 2021 Top Ideas from our Marketplace contributors. We start off with our Tech/Growth and Value stock contributors and highlight two picks that quickly peaked with 70% returns in under two weeks. Next week, we'll sha...

LYV - Is Live Nation (LYV) Stock A Good Long-Term Buy Right Now?

Is Live Nation Entertainment (LYV) Stock A Buy For Your Long-Term Portfolio? From the pandemic, there are entertainment stocks that have made giant leaps and there are some that ran out of business. And among the latter, there were some that readjusted their strategies and came ...

LYV - Admiral Capital Partners Q4 2020 Investor Letter

Admiral takes a long-term approach to investments and relationships. The firm is built around disciplined investing, capital preservation and forming partnerships focused on transparency, trust and alignment of interest. Our Partnership returned 27.8% net in the quarter ended December...

LYV - Live Nation shares hit session highs on CNBC commentator pitch

Live Nation (LYV) rose 3.1% after CNBC commentator Josh Brown pitched the shares as a long.Expects Live Nation will benefit from reopening post Covid."I think there's a lot of upside here and when it does break out I think the stock will get discovered. I've been an admirer of the company for...

LYV - Ticketmaster pays $10M to avoid prosecution in computer-related theft case

Live Nation's (LYV) Ticketmaster will pay a $10M criminal fine to avoid prosecution related to employees using stolen passwords to access the computer systems of rival Songkick to lure away major customers.The activities took place between August 2013 and December 2015. Ticketmaster fire...

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 b...

LYV - Is Tencent Music Entertainment Group a Good Chinese Growth Stock to Buy?

Tencent Music Entertainment’s (TME) online music subscription and social entertainment services revenues have been growing at an exponential rate. This is in-part because more people are tuning to music streaming and interactive podcasts to counteract the stress (and tedium) related to...

LYV - Live Nation Entertainment prices $500M private debt offering

Live Nation Entertainment (LYV) has priced $500M of its 3.750% senior secured notes due 2028 at a price equal to 100.000% of their face value.Closing date is January 4, 2021.The company intends to use the net proceeds to repay $75M of the company's senior secured term loan B facility, for gen...

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