Live Nation Shares Fall 6% on FTC Lawsuit, Sphere Gains for Fifth Straight Week as ‘Oz’ Soars
via billboard.com
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As U.S. stocks soared following a U.S. Federal Reserve interest rate cut, Live Nation shares fell in the wake of a lawsuit from the Federal Trade Commission (FTC) over what the agency called “years of systemic unfair and deceptive practices.” The high-flying stock dropped 5.8% to $163.72, lowering its year-to-date gain to 65.7%. Live Nation’s […]