WWE stocks tumble big time after disappointing Q1 2019 results

Wall Street investors were busy laying the Smackdown on WWE stocks today as the Q1 2019 earnings drove company stocks down a whopping 14% at time of this writing.

Things went bad from the word go as WWE stocks started trading at $90, down $8 from yesterday’s closing. It took a hit during the pre-market trading which continued throughout the day and at one point reached nearly 15% in the negative. Stocks continue to slide and are trading at mid $84s at the moment.

WWE missed all projections in the past quarter and reported worse numbers than originally expected by investors.

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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