WWE Main Event On ION Ending, Financial Site On WWE Stock Plunge, Another Cover For Daniel Bryan
- As noted earlier, WWE stock closed at $23.90, a near 15% drop after WWE announced today that the WWE Network has 667,287 subscribers. At one point, it was down nearly 20%. Forbes has an article about the stock plunging at this link.
- The New York Times also has an article about the stock falling here. The article contained quotes from investors, with Mike Hickey of the Benchmark Company stating that he was surprised to see the stock drop, and that he expected 700,000 to be on the higher end of what to expect. Former WWE writer Court Bauer was also interviewed, who noted some of the struggles that the company faces.
"Unless they rolled out an aggressive international campaign and offer the service to key international regions or have a game-changing creative strategy up their sleeve, I don't foresee substantial growth for the remainder of the year," Bauer said.
- We noted earlier that Daniel Bryan was featured on the cover of The Times Picayune in New Orleans this morning. He was also on the cover of The New Orleans Advocate, which you can check out below (thanks to reader Finalnight):
Short URL: http://winc.cc/OuXhTe