Live Nation Entertainment, Inc. (NYSE: ) President and CEO Michael Rapino has recently engaged in significant trading of the company's stock, according to a recent SEC filing.
Rapino sold 98,849 shares of Live Nation stock, with the transactions totaling approximately $9.6 million.
Live Nation is also making strides in preventing ticket resales above initial pricing, with such tickets being canceled and reissued to the public.
Additionally, Live Nation suffers from weak gross profit margins, which could impact its profitability and financial flexibility.
For investors considering Live Nation as part of their portfolio, these insights offer a glimpse into the company's financial health and market valuation.

Live Nation CEO Rapino sells shares worth $9.6 million By Investing.com