Shares of Live Nation Entertainment Inc. LYV, -2.92% slid 2.92% to $108.60 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.91% falling 0.91% to 4,668.97 and Dow Jones Industrial Average DJIA, -0.89% falling 0.89% to 35,650.95. The stock’s fall snapped a five-day winning streak. Live Nation Entertainment Inc. closed $19.15 short of its 52-week high ($127.75), which the company reached on November 5th.
The stock underperformed when compared to some of its competitors Monday, as eBay Inc. EBAY, -0.30% fell 0.30% to $66.69 and World Wrestling Entertainment Inc. Cl A WWE, -2.04% fell 2.04% to $48.12. Trading volume (2.3 M) eclipsed its 50-day average volume of 2.2 M.
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