Company News for Apr 16, 2026

  • Live Nation Entertainment Inc.’s (LYV) shares plummeted 6.3% following a report that a New York jury found the company to have enjoyed an illegal monopoly over concerts and ticketing.
  • Shares of Caterpillar Inc. (CAT) tumbled 3% following Bloomberg report that the company acquired the self-driving electric tractor company Monarch Tractor.
  • Shares of Snap Inc. (SNAP) climbed 7.9% after the company decided to retrench 1,000 manpower. 
  • The PNC Financial Services Group Inc.’s (PNC) shares rose 0.4% after posting first-quarter 2026 adjusted earnings of $4.32 per share, beating the Zacks Consensus Estimate of $4.12 per share. 
     

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The PNC Financial Services Group, Inc (PNC) : Free Stock Analysis Report

Caterpillar Inc. (CAT) : Free Stock Analysis Report

Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report

Snap Inc. (SNAP) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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