-

WWE stocks lose 3.74% in value after Friday’s press release

WWE stocks took a 3.74% dive today, ending the day at 9.78 a piece after on Friday WWE lowered their outlook for the rest of 2013.

The press release that warned investors of an approximate 5% reduction in second half revenue expectations was sent after the market closed on Friday so the effect was felt today as soon as the market opened. On Friday WWE stocks closed the day at $10.16.

Interesting to note is that Stephanie McMahon sold 107,487 WWE shares since September 3, making a total of $1,091,579 in the process.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Ryan Nemeth sues AEW, Tony Khan, and CM Punk alleging assault and breach of contract

Former AEW star Ryan Nemeth has filed a lawsuit against AEW, its president Tony Khan, and Phil Brooks, better...

Miro returns to the ring in Doha, Qatar

Miro got back in the squared circle yesterday, wrestling his first match in over 13 months at the Qatar...

“Speedball” Mike Bailey coming to AEW

"Speedball" Mike Bailey is coming to All Elite Wrestling. On Collision last night, a vignette aired hyping up Bailey's upcoming...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading