RUMOR MILL
Back to Rumor Mill >
Tuesday, January 19, 2021

LIVE NATION STOCK HITS ALL-TIME HIGH

Live Nation stock closed at the highest price in its history on Tuesday after CNBC commentator Josh Brown said the company was worth a long-term buy.

The stock closed at $76.54 after topping out at $78 during the day. Its previous high was in mid-January 2020—$74.65—when 2020 looked liked it was heading for a banner year in the concert industry.

"I think there's a lot of upside here and when it does break out, I think the stock will get discovered,” Brown said. “I've been an admirer of the company for a long time, but now I'm finally an investor."

The stock rose by more than 5% to $75.40 a share around lunchtime on the East Coast, the first time it had topped $75 since February. Live Nation stock is up 38% over the last six months.

TAGS: Live Nation
TAKING STOCK IN MUSIC COMPANIES
< PREVIOUS STORY
BACK TO RUMOR MILL
 
NEAR TRUTHS: INCOMPARABLE
Taylor world is an ecosystem. (5/7a)
Check It Out Now
JENNIFER KNOEPFLE: THE HITS INTERVIEW
A publishing all-star tells her story. (5/7a)
Check It Out Now
HITS LIST: HANGIN' OUT
With extra relish (5/7a)
Check It Out Now
BEEF BRINGS LAMAR BACK TO SPOTLIGHT
No longer keeping his diss-tance. (5/7a)
Check It Out Now
LIVE NATION POSTS (ANOTHER) RECORD QUARTER
More butts in seats than ever before. (5/3a)
Check It Out Now
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions