
With a market cap of $29 billion, Beverly Hills, California-based Live Nation Entertainment, Inc. (LYV) operates in the live entertainment industry, focusing on concert promotion, ticketing, and sponsorship. The company manages venues, promotes events, and provides ticketing and advertising services globally through its three main segments: Concerts; Ticketing; and Sponsorship & Advertising.
Shares of the Ticketmaster-parent have outperformed the broader market over the past 52 weeks. LYV has increased 45.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 36.3%. In 2024, shares of LYV are up 33.9%, compared to SPX’s 25.1% gain on a YTD basis.