Live Nation Entertainment (LYV) closed down 0.38% during late Wednesday trading, after the stock earlier surged to $172.08, marking its highest level since the company's initial public offering in December 2005.
The entertainment giant's shares pulled back from the record peak despite the strong intraday performance that had pushed the stock to new all-time highs.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.