Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why LiveXLive Stock Is Soaring Today

TheMotleyFool

0 0

Shares of LiveXLive Media (NASDAQ: LIVX) are soaring today, up by 9% as of 12:28 p.m. EDT, after a JMP Securities analyst raised his price target on the stock from $4 per share to $7 per share. That target is 48% above where the music streaming platform closed on Friday.

With the COVID-19 pandemic limiting participation at live concerts, a media stock like LiveXLive that broadcasts concerts via audio and video has proven to be a popular alternative.

Image source: Getty Images.

Source Fool.com

Like: 0

LIVX

Share