Touring powerhouses’ stocks hit record levels
Heavyweights Live Nation and CTS Eventim have both seen significant gains on the stock market over the past few weeks
News By James Hanley | 27 September 2024
Live Nation and CTS Eventim have both seen significant gains on the stock market over the past few weeks. LN’s share price reached a 52-week high of $109.24 today (27 September), having climbed almost 12% in the last month, to give the promoter a $24.9 billion market cap.
Live Nation posted $6.02 billion revenue in its most recent financial results covering Q2 2024 – an increase of 7% on the equivalent quarter last year. It was revealed yesterday that the company plans to…