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Update on WWE stocks



WWE stocks continued to take a smackdown on Wall Street, hitting new
52-week lows for the past few days in a row. Stocks closed the trading day
at 7.99 yesterday, down 2.04% from Thursday’s closing. The trading day saw
a new low of 7.77 a share before climbing another 20 cents. The highest
WWE hit in the past year was 11.62 and if trading continues as it has been
for the past week, reaching that number again will be looking like a
massive task to accomplish. WWE’s market cap as of yesterday’s closing was
$595.06 million. Meanwhile, the company will announce its Q1 2012 results
on May 3 before the opening of the market with WWE Chairman and CEO Vince
McMahon heading up the conference call.

(thanks to Colin Vassallo)


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