Investors are excited that concerts are coming back, pushing Live Nation stock past $100 for the first time ever on Oct. 5.
Though COVID-19 has proven unpredictable, investors are betting big on a mix of pent-up demand among both artists and fans.
The stock has been rising fitfully ever since — it exceeded $100 for the first time ever on Oct. 5, hit an all-time high of $102.85 on Oct. 15 and closed at $102.41 on Oct. 18. Investors are excited that concerts are coming back: Big festivals have gone well so far, and major touring acts like Dead & Company have returned to the road.
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