WWE Stock Drops Over $13 After Financial Report Is Released

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WWE stock had been rising to nearly $100 (and even surpassed the point recently before trading had closed), but it’s not remotely close to it anymore. After the company released their first quarter 2019 financial results and had a net income of a loss of 8.4 million, it dropped over $13. WWE stock is now at $85.38 after starting the day at $98.54.

That’s a loss of over 13% and not the way any company wants to see the financial world react to their latest quarterly numbers.

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