LET'S LYV FOR TODAY

Live Nation’s stock rallied today to close at $42.94, a 15% spike from Monday. In less than a week, the stock price for LYV has nearly doubled from a low of $21.82 on 3/18.

Today’s rally began after Citi changed its rating to neutral from sell, which led to the stock rising $5.61 over Monday’s close. The company’s valuation, which has been dramatically changing since the pandemic led to uncertainty in the live music field, is now close to $7.5b.

Besides LYV, the market was bullish on Sirius XM (up 10% to $4.98) and iHeartMedia (up 8.8% to $9.02) today. The S&P 500 was up 9.4%.

Now everybody sing "sha-la-la-la"...

BACK TO RUMOR MILL

		HITS LIST: HORSEPOWER VRRMMMM (5/17a) Check It Out Now NEAR TRUTHS: VARIANTS Celebrity death match underway on album chart (5/17a) Check It Out Now OH, TANNENBAUM! ANOTHER GREAT CAREER HITS THE SKIDS Another talented journalist trapped in the career cul de sac (5/17a) Check It Out Now THE COUNT: LIVE NATION TAPS TYLER, POST, BLINK FOR TOP U.S. FESTS Cornering the market on surefire headliners (5/17a) Check It Out Now STAPLETON, WILSON BIG WINNERS AT THE ACMs A genre mash-up at the home of the Cowboys (5/17a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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LET'S LYV FOR TODAY

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