More proof that America is returning to normal: Concerts are back

Shares of Live Nation, a concert promoter, venue operator and the owner of Ticketmaster, are up nearly 40% this year and trading near an all-time high.The company is still expected to post a loss for 2021. But investors are likely already looking ahead to next year, when the concert business should be mostly back to normal.Indeed, Live Nation said in its latest earnings release in August that the pipeline of shows for 2022 is up double digits from pre-pandemic levels in 2019 — and that many major acts have decided to extend current tours into 2023 and 2024 to meet pent-up demand. “The momentum for the return to live

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More proof that America is returning to normal: Concerts are back

Shares of Live Nation, a concert promoter, venue operator and the owner of Ticketmaster, are up nearly 40% this year and trading near an...