Live Nation shares dip in wake of monopoly trial verdict

Live Nation shares fell more than 6% yesterday (15 April) afternoon, following the news that the entertainment giant had been found to have been acting monopolistically by a New York jury.

Despite the fall, which wiped around $2.5 billion (€2.12bn) from the company’s market cap, shares in the company were still trading significantly higher than at the beginning of the year. And at the time of publication, the shares had recovered some of yesterday’s losses and were trading slightly up on yesterday’s…

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