Pro Wrestling Since 1997


WWE stocks down

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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.

(thanks to Colin Vassallo)

Post Category: News


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