Live Nation Entertainment traded at $168.87 this Friday May 15th, decreasing $1.12 or 0.66 percent since the previous trading session. Looking back, over the last four weeks, Live Nation Entertainment lost 5.16 percent. Over the last 12 months, its price rose by 14.35 percent. Looking ahead, we forecast Live Nation Entertainment to be priced at 165.48 by the end of this quarter and at 155.70 in one year, according to Trading Economics global macro models projections and analysts expectations.
Live Nation Entertainment, Inc. is a live entertainment company that is engaged in the business of the promotion of live events. The Company’s segments include Concerts, Ticketing and Sponsorship & Advertising. The Concerts segment involves the promotion of live music events globally and its owned & operated venues and rented third-party venues. The Ticketing segment involves the management of global ticketing operations, including providing ticketing software and services to clients, and consumers with a marketplace, online and mobile, for tickets and event information through its Website, www.ticketmaster.com. The Sponsorship & Advertising segment manages the development of strategic sponsorship programs in addition to the sale of international, national and local sponsorships and placement of advertising, such as signage, promotional programs and rich media offerings.