
California-based Live Nation Entertainment, Inc. (LYV), with a market cap of $22.2 billion, is a leading live entertainment company that owns, operates, and holds exclusive booking rights for a range of venues, including iconic locations such as House of Blues, The Fillmore in San Francisco, Brooklyn Bowl, and the Hollywood Palladium.
Shares of the entertainment company have lagged behind the broader market in the last year. While LYV has surged 17% over this time frame, the broader S&P 500 Index ($SPX) has rallied by 28.9%. In 2024, the stock rose 2.6%, compared to SPX’s 11.2% return on a YTD basis.