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WWE stocks go even lower following conference call with investors

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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.

Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

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