Numerous public retirement and investment systems, including the California Public Employees Retirement System, Schroder Investment Management Group, and the Nomura Asset Management Co. have reduced their holdings in Live Nation Entertainment, Inc. (NYSE:LYV). Despite this, other entities such as Allstate Corp and Norges Bank have acquired significant shares in the company. The stock is said to be 'extremely oversold' but has also been reiterated a 'buy' by both Rosenblatt Securities and Benchmark. There has been significant market activity around LYV, which has risen 22% in one year, despite regulatory pressure from an executive order signed by President Trump aimed at ticket reselling. The company is considered resilient and predicted to grow in the live music industry. It has also demonstrated strong performance in its quarterly results, described as 'firing on all cylinders' with positive outlook amid technological advancements. Nevertheless, market presents bearish ideas for LYV.
Live Nation Entertainment LYV News Analytics from Tue, 30 Jul 2024 07:00:00 GMT to Sat, 05 Apr 2025 21:42:10 GMT -
Rating -2
- Innovation 7
- Information 8
- Rumor -3
