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.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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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!
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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
