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WWE stocks take a tumble on Wall Street

Reported by Colin Vassallo
E-mail: editor@wrestling-online.com
Submitted on: May 15, 2008 - 9:50:59 PM


- WWE stock took a nice tumble ever since the 1st quarter earning results were announced. Despite producing great numbers and their best profitable quarter certain areas under performed and Wall Street had no mercy for the company. From mid to late April, stocks were trading in the high 18's and low 19's and with the exception for May 5th - trading at 18 a piece - it all went downhill with today closing at 16.15, even hitting the 16.00 mark at one point during the day which would be the lowest since mid February.


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