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Live Nation Entertainment (LYV) in Focus: Stock Moves 7.9% Higher

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Live Nation Entertainment, Inc.LYV was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company-as the stock is now up 15.7% in the past one-month time frame.

The move came after the company reported solid fourth-quarter 2018 results.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Live Nation Entertainment currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Live Nation Entertainment, Inc. Price

Live Nation Entertainment, Inc. Price | Live Nation Entertainment, Inc. Quote

Another stock worth considering in the Leisure and Recreation Services industry is Planet Fitness, Inc. PLNT which carries a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

Is LYV going up? Or down? Predict to see what others think: Up or Down

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

Planet Fitness, Inc. (PLNT): Free Stock Analysis Report

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


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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