|Bid||70.00 x 1000|
|Ask||69.90 x 900|
|Day's Range||69.51 - 70.22|
|52 Week Range||21.70 - 76.60|
|Beta (5Y Monthly)||1.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2021 - Mar 01, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||60.27|
Investors are already trying to figure out who the S&P 500 pandemic survivors will be. And they've identified their best bets if you're listening.
Moody's Investors Service (Moody's) affirmed Live Nation Entertainment, Inc.'s (Live Nation) B2 corporate family rating (CFR), B2-PD probability of default rating, B1 ratings on its senior secured credit facilities and senior secured notes, and B3 ratings on its senior unsecured notes. Moody's also downgraded the company's speculative grade liquidity rating to SGL-3 from SGL-2.
Shares of entertainment and live event companies rallied in premarket trade Monday, after biotech Moderna Inc. said a Phase 3 trial of its COVID-19 vaccine achieved 94.5% efficacy, a far higher benchmark than previously expected. AMC Entertainment Holdings Inc. , the biggest cinema chain in the world, was up 19%, while Cinemark Holdings Inc. gained 12%. Theme park operator Walt Disney Company was up 1.7%, Six Flags Entertainment Corp. rose 9% and SeaWorld Entertainment Inc. was up 3%. Live Nation Entertainment Inc. rose 6%. Stocks of companies that offer indoor fun have been hit hard by the pandemic, which has greatly reduced their activities and kept venues shuttered for months. Moderna Inc. was last up 12%.