WWE stock crashes after Seth Rollins title win

Buggsy Mogues

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He ain't ready, brother

Fans may be happy about World Wrestling Entertainment’s 31st annual WrestleMania blowout, but investors are not.

WWE stock fell more than 14% on Monday morning after Seth Rollins stole the World Heavyweight Championship belt from Brock Lesnar and Roman Reigns.


Lesnar-Cena-SummerSlam-gifs-001_001.gif



Shoulda kept the strap on based Brock :francis:
 

luckyse7enz

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Not going to use a link? :lupegarvey:

http://www.forbes.com/sites/brianso...rashes-after-record-breaking-wrestlemania-31/

This isn’t the first time a subscriber update at WrestleMania sunk WWE’s stock. One year ago, the stock plunged 19% the day after WWE’s biggest show.

WWE kept falling and hit bottom in May, losing 60% of the company’s value in a month and a half. The stock had rebounded 46% since then before Monday.

:leon:

WWE announced that its “over-the-top” television network has grown to 1.3 million subscribers, up 31% from January 27, when the company passed 1 million for the first time. That’s tremendous growth for a product that costs $9.99 a month. But it clearly wasn’t enough to impress Wall Street.

Subscribers up 31% since the Rumble? :leon:
 

Willy Waffle

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Ed MOTHEREFFING G

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