LN 2020 results: Michael Rapino predicts huge 2022
Citing strong demand for tickets and successful vaccination programmes, the Live Nation CEO says he has “never been more excited about the opportunities in front of us”
News By IQ | 26 February 2021
Live Nation’s share price broke the US$90 mark for the first time yesterday ahead of the company’s Q4 2020 earnings call, buoyed by the roll-out of coronavirus vaccines globally and unprecedented fan demand for its shows, illustrated by rapid sell-outs for both Reading Festival and Creamfields in the UK.
Shares in Live Nation Entertainment reached an all-time high of $91.18 – some $15 higher than they were pre-pandemic – on 25 February, with Wall Street untroubled by the headline…