Today Live Nation Entertainment (LYV) Hits New Lifetime High

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Live Nation Entertainment ( LYV) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Live Nation Entertainment as such a stock due to the following factors:

  • LYV has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $21.4 million.
  • LYV has traded 14,305 shares today.
  • LYV is trading at a new lifetime high.

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More details on LYV:

Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Ticketing, Artist Nation, and Sponsorship & Advertising segments. Currently there are 3 analysts that rate Live Nation Entertainment a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Live Nation Entertainment has been 813,600 shares per day over the past 30 days. Live Nation Entertainment has a market cap of $5.2 billion and is part of the services sector and media industry. The stock has a beta of 0.49 and a short float of 2.7% with 5.56 days to cover. Shares are down 1.8% year-to-date as of the close of trading on Thursday.

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