
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