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WWE shares were down in after-hours trading Thursday after falling well short of fourth-quarter earnings and revenue forecasts. In Q4, revenue fell 26% from the prior-year quarter to $238.2 million.
WWE (WWE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Shares of WWE fell 2% on Monday, while Endeavor was down by 5.8%. On Sunday evening, veteran analyst Steve Cahall of Wells Fargo said he didn't expect a counter bid for WWE to emerge and ...
As WWE's stock fell 50% the following month, Forbes described low subscription numbers as being of "additional concern" for investors after WWE's underwhelming NBCUniversal renewal deal. [20] WWE offered a second free preview week of the WWE Network, which started July 7, in an attempt to sign new subscribers. [21]
World Wrestling Entertainment (WWE) stock fell on Wednesday after briefly spiking amid a report that Saudi Arabia’s Public Investment Fund (PIF) fund was buying the company.
Since 2011, the company has branded itself solely with the initials WWE, though the legal name did not change at the time. [21] WWE's majority owner was its executive chairman, third-generation wrestling promoter Vince McMahon, who retained a 38.6% ownership of the company's outstanding stock and 81.1% of the voting power before the merger.
WWE signs most of its talent to exclusive contracts, meaning talent can appear or perform only on WWE programming and events. They are not permitted to appear or perform for another promotion unless special arrangements are made beforehand. WWE keeps all wrestlers' salary, employment length, benefits, and all other contract details strictly ...
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