Live Nation Facing Class Action Suit Over ‘Excessively High Fees' In Wake Of Federal Antitrust Lawsuit [Forbes]
Live Nation Entertainment, Inc. (LYV)
Last live nation entertainment, inc. earnings: 10/31 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
livenationentertainment.com/investor-relations
Company Research
Source: Forbes
are forced to pay high prices because the company has used its market power to charge “excessively high fees”—a suit that came the same day the Ticketmaster and Live Nation for similar antitrust issues. A New York ticket buyer filed the class action suit Thursday—the same day the Department of Justice ... [+] and a number of states sued Ticketmaster and Live Nation. Abraham Leifer, the plaintiff in the case, alleges all consumers of tickets at major concert venues are impacted by Live Nation's monopoly, which has been in place since it purchased Ticketmaster in 2010. The suit was filed on behalf of all consumers who have bought tickets from resale sites after they were originally sold on Ticketmaster, arguing Live Nation's alleged monopoly power has pushed up prices in the “secondary” ticket sale market by limiting competition among resale sites and passing on high fees. The lawsuit was filed in Manhattan on the same day the Department of Justice filed an antitrust suit agains
Show less
Read more
Impact Snapshot
Event Time:
LYV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LYV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LYV alerts
High impacting Live Nation Entertainment, Inc. news events
Weekly update
A roundup of the hottest topics
LYV
News
- Saudi Arabia takes stake in Heathrow in £3.3bn deal [Yahoo! Finance]Yahoo! Finance
- Barclays Suspends UK Music Festival Sponsorship on Israel Protests [BNN Bloomberg (Canada)]BNN Bloomberg
- How Taylor Swift's Ticketing Fiasco Fuels DOJ's Live Nation Antitrust Lawsuit [Forbes]Forbes
- On a Warming Planet, Outdoor Concerts Need a New Safety Playbook [Financial Post (Toronto, Ontario, Canada)]Financial Post
- On a Warming Planet, Outdoor Concerts Need a New Safety Playbook [BNN Bloomberg (Canada)]BNN Bloomberg
LYV
Earnings
- 5/2/24 - Miss
LYV
Sec Filings
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- LYV's page on the SEC website