WWE stocks go even lower following conference call with investors

WWE stocks go even lower following conference call with investors
May 19 16:21 2014 Print This Article
 

Today’s conference call with investors didn’t do anything to alleviate any fears regarding the company and Wall Street responded by driving the stock even lower than Friday, ending the day at 10.96, another 2.75% drop.

While both McMahon and Barrios explained in more detail what happened last week, no good news was given and the conference call sounded more like uncertainty and a guess game rather than a clear outlook of what’s coming. Unless WWE starts ramping up those Network subscribers along with making some decent money, it looks like there will be some dark clouds over WWE headquarters for the foreseeable future.

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