Thursday brought further doom and gloom on Wall Street for the WWE.

After opening at $10.16 following Wednesday’s three-year low closing price of $10.33, WWE’s stock price closed on Thursday at $9.31 – down nearly 10 per cent for the day.

Perhaps more worrying is that the stock has dropped below the $10 mark.

WWE’s price dropped as low as $9.25 at one point after falling throughout the day after what was already a poor start to the day.

Since Monday, WWE’s market value has fallen 24 per cent, falling from $888.5million at the start of the week to $677.45m at the end of trading on Thursday.

Phil Lowe
phil@ifight365.com