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WWE STOCK TAKES A HIT AFTER DISAPPOINTING EARNINGS REPORT

Posted April 25th, 2019 by 1Wrestling News Team

WWE stock is tumbling today after the company issued their 1st Quarter Earnings Report.

The report fell short of expectations and prompted a reaction on Wall Street that sent the WWE stock price down over 14% at one point. The stock is currently trading at $86.48 per share after at one point dipping as low as $83.75.

Today is shaping up to be the biggest one day drop in stock price for WWE since October 29, 2015.

WWE stock had been up 150% in the past year before today’s drop.

Category: Wrestling.

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