Live Nation Entertainment, Inc. vs State Street SPDR S&P Biotech ETF — how do they compare? Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B), while State Street SPDR S&P Biotech ETF trades at $154.49. Which is the better fit depends on your goals.
| LYV | XBI | |
|---|---|---|
Market Cap | $42.09B | — |
Sector | Industrials | Broad Market / Factor |
52-Week High | $186.59 | $164.28 |
52-Week Low | $125.61 | $85.16 |
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 →XBI is an equal-weighted ETF that tracks the U.S. biotechnology segment. It provides diversified exposure to small, mid, and large-cap biotech firms involved in drug discovery and medical research, such as Moderna and Exact Sciences.
Read more on XBI →