WWE stock crashes after Seth Rollins title win
- Thread starter Buggsy Mogues
- Start date
Prince Akeem
Its not that deep breh....
You marks think investors give a fukk who the champ is, let alone even watch the product?
They care only about the numbers, period
This.
Don't put this on Seth.
you seem to get off on calling people marksYou marks think investors give a fukk who the champ is, let alone even watch the product?
They care only about the numbers, period
JerseyBoy23
Veteran
Let's be honest the day after WrestleMania is usually the highest point of stocks all year. I'd sell today if I had stocks in the E.
JuvenileHell
Veteran
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WOAHMYGOODNESS
Your TSC World Champion
Bryan lost more money and yall called me an a$$hole...dont be hypocrites
fukkyalifestyle
Superstar
I think going public is the worst thing to happen to wrestli, I mean sports entertainment.
- March 30 Afternoon: WWE's stock price was hammered after the company released the latest Network subscriber count following WrestleMania 31.
WWE presented the 1.3 million subscribers as a sign of short-term growth. WWE also presented an upward long-term trend to their eventual goal of 3.0-4.0 million Network subscribers. (Financial executive George Barrios said during Monday's Network conference call that WWE is not releasing a timeframe for reaching that goal.)
Investors reacted unfavorably to the report, as the stock price dropped 16 percent in one hour. Of the potential reasons for the sell-off, two reasons are (1) investors viewed the subscriber count as below-expectations for the second WrestleMania on the Network. And/or (2) investors decided to sell now and potentially buy again later believing WWE business has peaked in the short-term until they see more substantial Network information. (WWE is expected to report official First Quarter 2015 business one month from now.)
Overall, the stock price closed at $16.52 on Friday before WrestleMania. On Monday morning, shares reached as high as $17.44, likely on the news of WrestleMania 31 setting a live attendance revenue record.
Right before WWE released the Network count at 12:00 EST, the stock price was at $16.62 per share, around Friday's closing price.
During the noon hour, the stock price dropped $3 during a big sell-off period, bottoming out at $13.75.
As of Monday afternoon, shares recovered slightly to the lower $14 range, 15 percent below Friday's closing price.
WWE presented the 1.3 million subscribers as a sign of short-term growth. WWE also presented an upward long-term trend to their eventual goal of 3.0-4.0 million Network subscribers. (Financial executive George Barrios said during Monday's Network conference call that WWE is not releasing a timeframe for reaching that goal.)
Investors reacted unfavorably to the report, as the stock price dropped 16 percent in one hour. Of the potential reasons for the sell-off, two reasons are (1) investors viewed the subscriber count as below-expectations for the second WrestleMania on the Network. And/or (2) investors decided to sell now and potentially buy again later believing WWE business has peaked in the short-term until they see more substantial Network information. (WWE is expected to report official First Quarter 2015 business one month from now.)
Overall, the stock price closed at $16.52 on Friday before WrestleMania. On Monday morning, shares reached as high as $17.44, likely on the news of WrestleMania 31 setting a live attendance revenue record.
Right before WWE released the Network count at 12:00 EST, the stock price was at $16.62 per share, around Friday's closing price.
During the noon hour, the stock price dropped $3 during a big sell-off period, bottoming out at $13.75.
As of Monday afternoon, shares recovered slightly to the lower $14 range, 15 percent below Friday's closing price.
The agenda based...
Saysumthinfunnymike
VOTE!!!
Most of the shareholders don't know dikk about wrestling. If the network numbers increase the stock will rise again. Rinse and repeat. They are mostly dumbasses 