Quantcast

LIVE NATION STOCK: MORE RECORDS?

Could Live Nation's share price top $90 prior to the announcement Thursday of its 2020 annual results?

The stock opened this morning just under $88 after closing Friday at a record price of $88.09. It's seen a 62% rise over the last six months, a period during which no concerts were mounted, few tickets were sold and the exchange of money came largely in the form of refunds.

The rise in the stock price reflects not only investors’ belief that there is an intense build-up of demand for live entertainment but faith in the cost-saving maneuvers and refinancing plans Michael Rapino has engineered over the last 12 months.

A year ago today, when the 2020 concert landscape appeared to be the busiest ever, the stock sold for about $68, before going on a four-week slide that took it down to below $30.

Stay tuned.

 

MIDYEAR VINYL TOP 50
The world is turning at 33 RPM. (7/23a)
PAUL GETS BACK
Hit series doesn't let us down. (7/23a)
HITS LIST IN GLORIOUS
BLACK-AND-WHITE
The inner circle of Outer Limits (7/23a)
THE HITS INTERVIEW WITH JAY MARCIANO
AEG chief's shares his packed 2022 calendar. (7/21a)
2021 MIDYEAR MARKETSHARE
The winner and still champ (7/22a)
NEW & DEVELOPING ARTISTS
From tender shoots to mighty oaks.
MARKETSHARE MANIA
Let's do the numbers.
DELTA VARIANT
It is not the name of a Henry Miller novel.
IS IT TIME FOR ANOTHER ROCK STORY?
Could be. Dunno.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)