-

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!

LATEST NEWS

Jon Moxley retains IWGP United States title against KENTA

The feud between Jon Moxley and KENTA reached its climax yesterday during the New Japan Strong show when Moxley...

Belair picks Banks for WrestleMania 37 title match

The second match on the WrestleMania 37 card was made official last night after Royal Rumble winner Bianca Belair...

WWE Network Documentaries presents first non-WWE doc on Heaven Fitch

WWE Network Documentaries will expand its storytelling beyond WWE and for the first time, will present Heaven, a new...

Stories you might also likeRELATED
Recommended to you