It was a rough day financially for not just WWE, but the stock market in general. The Nasdaq composite fell 2.5%, the S&P 500 fell 1.9% and the Dow Jones Industrial Average was down 460.19 points.
However, it was even worse for WWE. Their stock tumbled 5.87% today and dropped $5.41. This leaves it below the $90 mark and instead at $86.71.
The reasoning for today’s drop? Investors are fearing a recession and there are global growth fears sparking. It remains to be seen what sort of long-term effects this will have.
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