Umm...every stock has ups and downs. To be fair, though, the drastic downturn in stock price was likely a correction due to over valuation and heavy speculation. It shouldn't have been trading as high it was in the first place. With the earnings release earlier this month, the latest details on its newest tv deal, and the latest numbers on the WWE subscription network, the market corrected itself. It's back to trading where it was about a year ago. The big concern right now for WWE is that it is bleeding money. Lots of it. The company is not near profitability right now.
In response to an attack on wisdom:
No use for research or logic? Your research was spent on Google seaechea, mine is spent on years of following the product and knowing the ups and downs of wwe. They have always come back stronger and more profitable.
Disclaimer: Koby and www.stuffkobysays.blogspot.com are for entertainment purposes only and not financial or legal advice.
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