Where Will Live Nation Entertainment Inc (LYV) Stock Go Next After It Has Risen 5.57% in a Week?

The market has been down on Live Nation Entertainment Inc (LYV) stock recently. LYV gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Live Nation Entertainment Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LYV!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With LYV Stock Today?

Live Nation Entertainment Inc (LYV) stock has risen 2.1% while the S&P 500 is lower by -0.79% as of 11:43 AM on Monday, Nov 28. LYV is higher by $1.44 from the previous closing price of $68.46 on volume of 1,029,055 shares. Over the past year the S&P 500 is lower by -14.20% while LYV is lower by -35.19%. LYV earned $0.75 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 93.25.

More About Live Nation Entertainment Inc

Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock. Click Here to get the full Stock Report for Live Nation Entertainment Inc stock.