WWE Downgraded By Zacks, Stephanie McMahon Cashes Out

WWE Downgraded By Zacks, Stephanie McMahon Cashes Out
AnalystRatingsNetwork.com, via Daily Political, reports that Zacks has downgraded World Wrestling Entertainment from a "neutral" rating to an "underperform" rating in a research note issued last Friday to investors.

The article also noted that Stephanie McMahon Levesque sold 114,972 shares of the stock on the open market yesterday. She sold the shares for an average price of $10.39, for a total transaction of $1,194,559.08. According to an SEC filing, which you can view here, she now only retains 51,945 shares of the stock directly under her name, with a market value of over $500,000.

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