As U.S. stocks soared following a U.S. Federal Reserve interest rate cut, Live Nation shares fell in the wake of a lawsuit from the Federal Trade Commission (FTC) over what the agency called “years of systemic unfair and deceptive practices.” The high-flying stock dropped 5.8% to $163.72, lowering its year-to-date gain to 65.7%.

Live Nation’s stock dropped 2.5% after Bloomberg reported Monday (Sept. 15) that the FTC was investigating the company. Following news of the lawsuit, the company’s share price fell 2.8% on Thursday (Sept. 18) and dropped another 0.6% on Friday (Sept. 19). Separately, Rothschild & Co. Redburn downgraded Live Nation to a “neutral” rating and increased its price target to $170 from $144. Redburn analysts expect margin expansion to slow from 2026.

Related

FTC Sues

See Full Page