Is Live Nation Entertainment Inc (NYSE: LYV) the next life-changing stock to watch out for?

In the latest trading session,, 4.13 million Live Nation Entertainment Inc (NYSE:LYV) shares changed hands as the company’s beta touched 1.31. With the company’s most recent per share price at $93.59 changed hands at -$6.18 or -6.19% at last look, the market valuation stands at $21.60B. LYV’s current price is a discount, trading about -14.58% off its 52-week high of $107.24. The share price had its 52-week low at $64.96, which suggests the last value was 30.59% up since then. When we look at Live Nation Entertainment Inc’s average trading volume, we note the 3-month average coming to 2.20 million.

Live Nation Entertainment Inc (NYSE:LYV) trade information

Instantly LYV was in red as seen in intraday trades today. With action -8.90%, the performance over the past five days has been red. The drop to weekly highs of 102.90 subtracted -6.19% to the stock’s daily price. The company’s shares are showing year-to-date downside of -0.01%, with the 5-day performance at -8.90% in the red. However, in the 30-day time frame, Live Nation Entertainment Inc (NYSE:LYV) is -9.81% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.

Live Nation Entertainment Inc (LYV) estimates and forecasts

Data shows that the Live Nation Entertainment Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 10.69% over the past 6 months, a 18.98% in annual growth rate that is considerably higher than the industry average of 9.40%. The 2024 estimates are for Live Nation Entertainment Inc earnings to increase by 33.48%.