12/6/2023 0 Comments Fm editor live 2019UPDATE: By the 4 PM ET close on Monday, Live Nation stock was $117.16, down $6.64 or -5.36% and moving slightly lower in after-hours trading.Īs the promoter of the festival, Live Nation has already been named in two lawsuits filed on behalf of concertgoers.Īn article in the local Houston Chronicle quoted prominent attorneys predicting that many more lawsuits will be filed asking for “hundreds and hundreds of millions” in damages from the producers, promoters, Travis Scott, other performers, and subcontractors including security firms. Live Nation stock fell Monday morning as investors reacted to news that at least 8 had died and hundreds injured during Travis Scott’s set at this weekend’s 50,000 person Astroworld Festival in Houston, Texas.Īs of mid-morning Monday, Live Nation stock was trading at $117.12, down $6.68 or 5.40%.
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