WWE stocks soar 144% in 2018
WWE stocks had a wild 2018, reaching nearly $100 at one point after starting the year at just $31. Yesterday at time of closing, WWE stocks traded at $74.73 but then dropped to $73.77 in after hours trading.
The big jump came in May 20, jumping to $57 from the low 50s and then had a big climb to $96.73 on September 28. Unfortunately, it was all downhill from there where it closed the year at $73.77. In terms of percentage, from the first trading day of 2018 to the last one, WWE stocks soared a whopping 144% with a market cap of $5.7 billion.
11 analysts who offered CNN Business a 12-month price forecasts for WWE have a median target of $95, with a high estimate of $105 and a low estimate of $80. The median estimate represents a 27% increase from the last trading price. The current consensus among 13 polled investment analysts is to buy WWE stock and with the UK and India television deals announcements coming in 2019, it’s looking like a good year to be a WWE investor.