Live Nation rises on report of DOJ talks to avert trial
09/02/2026 15:58
** Shares of concert promoter Live Nation Entertainment LYV.N gain 3.8% after a Semafor report said its executives are in talks with senior DOJ officials to avert a trial over illegal monopoly allegations ** The DOJ, along with 30 states, filed a lawsuit in 2024 seeking to break up the co, alleging it and its Ticketmaster unit unlawfully maintained market dominance and inflated ticket prices ** Of 24 analysts covering the stock, 18 rate it 'buy' or 'strong buy', while 5 have a 'hold' rating and 1 a 'sell' or 'strong sell' rating, per data compiled by LSEG ** LYV shares have slipped 6.1% over the past year vs a 15.4% rise for the S&P 500 .SPX over the same period (Reporting by Medha Singh) ((Medha.Singh@thomsonreuters.com; +91 80 6210 0592; X, formerly Twitter: @medhasinghs;))