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WWE stock drops to three-year low

Thursday November 20, 2008 BY Phil Lowe

After Monday night’s edition of Raw tanked in the ratings, Wednesday brought more bad news for WWE as their stock slumped to its lowest price since June 2005.

Despite WWE receiving some fairly positive coverage from financial press in recent weeks, its stock closed at $10.33 per share after opening at $11.71.

June 2005 saw WWE’s stock price collapse to $10.02 per share.

The news just days after WWE completed a highly lucrative European tour which will have brought in over $15million for the company.

We’ll follow WWE’s share price later today once the market opens in New York.

Phil Lowe
phil@ifight365.com

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