Company News for Apr 16, 2026

• Live Nation Entertainment Inc.’s (LYV) shares plummeted 6.3% following a report that a New York jury found the company to have enjoyed an illegal monopoly over concerts and ticketing.
• Shares of Caterpillar Inc. (CAT) tumbled 3% following Bloomberg report that the company acquired the self-driving electric tractor company Monarch Tractor.
• Shares of Snap Inc. (SNAP) climbed 7.9% after the company decided to retrench 1,000 manpower. 
• The PNC Financial Services Group Inc.’s (PNC) shares rose 0.4% after posting first-quarter 2026 adjusted earnings of $4.32 per share, beating the Zacks Consensus Estimate of $4.12 per share. 
   

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Source Zacks-com