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WWE STOCK TRACK: How WWE shares finished the week post-financials

May 1, 2015 - 3:35:38 PM
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By James Caldwell, PWTorch assistant editor

WWE_newlogo_15.jpg



This Week's WWE Stock Track

- Friday, May 1: Closing Price of $13.50 per share, essentially even with Thursday's financial day close of $13.42.

The stock ended the week down about $1 from Monday's close. Now it will be really interesting to see how the market reacts to the company over the course of the next three months until WWE's next quarterly report.

- Thursday, April 30: WWE's First Quarter 2015 financial report produced a very interesting timeline...

Before the market opened (when WWE released financials), the stock price climbed as high as $15.44, the highest point in one month.

However, when the market opened, the stock began falling back to mid-$14, then dropped another dollar to the mid-$13 range at the end of WWE's conference call with investors.

The stock bottomed out at $13.25, the lowest point since April 6.

By the end of the day, WWE closed at $13.42 per share, down 6.5 percent from Thursday's close.

WWE is now valued at just over one billion dollars at $1.01 billion.

- Wednesday, April 29: Closing Price of $14.36 per share, up three percent from Tuesday's close. This put WWE right back where they started at the beginning of the week.

Overall, WWE's stock price has hovered in the $13-14 range for the past month since WrestleMania, when the stock was in the mid-$16 range.

WWE reports First Quarter 2015 business on Thursday, which should create movement one way or another, barring an uneventful quarterly report.

- Tuesday, April 28: Closing Price of $13.93 per share, down three percent from Monday's close.

The stock price dipped as low as $13.48 per share, the lowest point in two weeks.

- Monday, April 27: Closing Price of $14.34 per share, down one percent from Friday's close.

Updated 2015 Scoresheet

2015 High - $17.91 (Mar. 3)
2015 Low - $9.82 (Jan. 20 - 52-week low)
52-Week Range - $9.82-$31.98
Current Market Value - $1.02 billion


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