4/8 WWE Stock Track – Final tally for post-WrestleMania Week, Barrons covers WWE business

By James Caldwell, PWTorch assistant editor


SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)...

WWE Stock Track 2016
Week 14 – April 4-8

Friday, April 8: Closing Price of $16.21 per share, up 1.3 percent from Thursday, regaining some of Thursday’s losses.

After WrestleMania Week, the Mania attendance record, and Network subscriber count, WWE ended up down for the week at $16.21 per share compared to $16.56 on Monday.

WWE is now valued at $1.23 billion, down from $1.31 billion last Friday.

From a financial perspective, Barrons published an overview of WWE’s business from the standpoint of WWE seems to check the box in major categories for investors, except for the rate of growth, especially WWE Network.

Thursday, April 7: Closing Price of $16.00 per share, down nearly three percent from Wednesday.

The stock dipped as low as $15.87 per share.

Wednesday, April 6: Closing Price of $16.45 per share, down 1.9 percent to erase Tuesday’s slight bump.

Tuesday, April 5: Closing Price of $16.77 per share, up 1.3 percent from Monday trying to re-build some momentum.

The stock fell as low as $16.00 per share and went as high as $17.09 before settling in the upper $16-range.

– Monday, April 4: Closing Price of $16.56 per share, down 4.3 percent from Friday’s pre-WM32 close of $17.31 per share.

FULL BREAKDOWN OF MONDAY’S UP-AND-DOWN DAY

– Expert financial break down of the Network subscription count and WWE’s reported figures at SeekingAlpha.com.

2016 WWE STOCK SCORESHEET

  • 2016 Open: $17.44 per share
  • Latest Close: $16.21 per share (4/8)
  • Current 52-Week Range: $13.15 – 23.63
  • 2016 High Points: $18.93 (3/17), $18.86 (4/4), $18.42 (1/26)
  • 2016 Low Point: $14.20 (2/11); $15.66 (2/10)
  • 2016 Initial Market Value: $1.34 billion
  • Current Market Value: $1.23 billion (4/8)
  • 2016 Market Value Low Point: $1.11 billion (Week of 2/8)
  • 2016 Market Value High Point: $1.39 billion (Week of 3/28)

Be the first to comment

Leave a Reply