Live Nation Stock Slides Amid Reports of Imminent DOJ Antitrust Suit

Key Takeaways Live Nation Entertainment (LYV) shares tumbled more than 8% in premarket trading Thursday after Bloomberg reported late Wednesday that the U.S. Department of Justice (DOJ) and a group of states plan to launch an antitrust suit against the Ticketmaster parent, potentially leading to a breakup of company. A suit relating to Ticketmaster's dominance of concert ticket sales is expected to be filed in the Southern District of New York on Thursday, with potential remedies including a breakup of Live ...