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WWE News: WWE stock closes at lowest point since 2003
Apr 18, 2012 - 04:44 PM |
Shares of WWE stock closed today at 7.96, the lowest close since the stock closed at 7.95 in April of 2003.
Shore's Slant: Wow. WWE announces preliminary buys for WrestleMania break the previous record and the stock tanks the next day. It's very difficult to figure out why stocks go up and down, but you have to think the continued poor ratings on Raw post-Mania and the lingering doubts about the WWE Network have to be playing into this. The stock has lost 66.83% of it's value since going public in 1999.
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