Seaport Global analyst Mitch Kummetz downgrades Genesco (NYSE:GCO) from Buy to Neutral.
Why Ticketmaster Owner Live Nation’s Shares Are Tumbling Today?
Live Nation Entertainment Inc (NYSE:LYV) shares dropped as the company faces an antitrust lawsuit by the U.S. Department of Justice. The lawsuit, expected to be filed in the Southern District of New York, challenges Live Nation's control over concert ticket sales through Ticketmaster. This legal action is part of the Biden administration's efforts to combat monopolistic practices in various industries, including tech and online marketplaces.
