Live Nation Entertainment (LYV) Soars 4.28% in Three Days, Hits 2025 High Despite DOJ Probe

Live Nation Entertainment (LYV) shares rose 0.42% today, marking the third consecutive day of gains, with a total increase of 4.28% over the past three days. The stock price reached its highest level since February 2025, despite an intraday decline.

The strategy of buying Live Nation (LYV) shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with an annualized return of 11.39% outperforming the market. This approach demonstrated resilience and profitability, making it a robust strategy for LYV within the specified time frame.

Macquarie has revised its price target for Live Nation Entertainment, increasing it from $165 to $175 while maintaining an "Outperform" rating. This adjustment reflects positive analyst sentiment and expectations for future growth, which could bolster investor confidence in the company's prospects.

However, the Department of Justice (DOJ) is currently investigating Live Nation and AEG over alleged pandemic refund policies. This legal scrutiny could potentially impact investor confidence and the stock's performance, as regulatory issues often introduce uncertainty and risk for companies involved.