Live Nation Stock Tumbles As Company Reportedly Facing Antitrust Lawsuit

Key TakeawaysLive Nation Entertainment shares fell in extended trading Monday after The Wall Street Journal reported that the DOJ is preparing to file an antitrust lawsuit against the company.The DOJ will allege that the ticket seller has used it dominance in the marketplace to undermine competition for ticketing live events, sources told the Journal.The Live Nation Entertainment share price may find a confluence of support around $91 from a 12-month uptrend line and the 200-day moving average. Shares in Ti ...