Name: LYV Rides Concert Ticket Sales Higher, SHOP Soars After Earnings
Uploaded: 2024-11-12T15:14:48.267-06:00
Duration: 7 min 10 s
Description: Jenny Horne examines 2 early winners in Tuesday's trading action: Live Nation (LYV) and Shopify (SHOP). Live Nation reported a revenue miss, but its highest-ever concert profitability. LYV CEO says "show pipeline has never been bigger, and brand sponsorships are accelerating." Meanwhile, Shopify revenue jumped 26% higher year-over-year and the e-commerce giant is set to open at 2-year highs.

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Jenny Horne examines 2 early winners in Tuesday's trading action: Live Nation (LYV) and Shopify (SHOP). Live Nation reported a revenue miss, but its highest-ever concert profitability. LYV CEO says "show pipeline has never been bigger, and brand sponsorships are accelerating." Meanwhile, Shopify revenue jumped 26% higher year-over-year and the e-commerce giant is set to open at 2-year highs.

LYV Rides Concert Ticket Sales Higher, SHOP Soars After Earnings

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