Venu Holding Corporation shares fall 1.50% intraday after announcing a $300 million investment in Sunset Amphitheater in Texas.

Venu Holding Corporation declined 1.50% in intraday trading, with the company breaking ground on its $300 million Sunset Amphitheater in McKinney, Texas. The amphitheater will feature a canopied roof, wind walls, LuxeFire Suites, and a members-only Aikman Club in collaboration with NFL Hall of Fame quarterback Troy Aikman.