Live Nation stock price dipped by over 1% on Wednesday as market participants reacted to a court decision in which a judge rejected a bid by the company to dismiss a major lawsuit. If dropped to $155, down from the year-to-date high of $160. Will the LYV stock rebound after earnings later today? Live Nation suffers major legal setback The Live Nation stock price retreated after the company suffered a major legal setback. In a statement, Judge Arun Subramanian rejected Live Nation’s bid to dismiss a lawsuit by the Trump administration and many US states. This lawsuit accuses the company of attempting to illegally dominate the concert industry through its ownership of many venues and Ticketmaster, a company that has…