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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The PNC Financial Services Group, Inc (PNC): Free Stock Analysis Report
 
Caterpillar Inc. (CAT): Free Stock Analysis Report
 
Live Nation Entertainment, Inc. (LYV): Free Stock Analysis Report
 
Snap Inc. (SNAP): Free Stock Analysis Report

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

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