Live Nation Entertainment, Inc. vs ProShares UltraPro QQQ ETF — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while ProShares UltraPro QQQ ETF trades at $71.48. The key difference: Live Nation Entertainment, Inc. is trading nearer its 52-week high, ProShares UltraPro QQQ ETF nearer its low. Which is the better fit depends on your goals.
| LYV | TQQQ | |
|---|---|---|
Market Cap | $42.09B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $186.59 | $87.22 |
52-Week Low | $125.61 | $37.89 |
Enterprise Value | $43.59B | — |
Trailing returns across standard periods
Latest headlines on both assets
Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
Read more on LYV →TQQQ is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Nasdaq-100 Index. It is one of the most liquid and actively traded instruments in the market, designed for sophisticated traders to amplify short-term bullish exposure to large-cap non-financial growth stocks, predominantly in the technology and communication sectors.
Read more on TQQQ →