Live Nation Stock Jumps 8% On Strong Earnings Report

Live Nation stock was up by as much as 10% mid-day on Friday after a strong earnings report. It closed the day Friday up 8.27% to $34.55. The concert giant reported $1.4 billion in revenue, up 17% vs 2016. Adjusted operating income improved over last year to $92 million for the period, up by 25%.