WWE stocks end the year just 75 cents more than 52-week low

WWE stocks ended the year 2014 at $11.30 a piece, dropping 8.43% in aftermarket hours after it finished the trading day at $12.34.

It was quite a turbulent year for the stocks, reaching a 52-week high of $31.98 earlier this year as Wall Street was bullish on WWE Network subscribers and the TV rights renewal with NBC Universal.

But that all came crumbling down when Network subscribers were disappointing and WWE got way less than they envisioned for their U.S. television rights, with stocks losing 50% of its value the day after WrestleMania. The 52-week low was $10.55.

Colin Vassallohttps://www.wrestling-online.com
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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