More On Fantasy WWE Sale, WWE Stock Update, Finance Site On Why WWE Stock Is Overpriced

By Raj Giri

- Several financial sites, including The Financial Post and The San Francisco Chronicle, have picked up the Bloomberg Businessweek article looking at the (highly unlikely) possibility of WWE being sold.

- After closing at an all time high this past Friday, WWE stock dipped 1.84% today to close at $30.37.

- SeekingAlpha.com has an article here looking at WWE stock being overpriced. The article noted that financial performance has declined for multiple years, management "consistently under-delivers" and that shares are likely overpriced by at least 275%. It also stated that popularity of the product has been "unremarkable despite a 34 year history and a virtual monopoly."

BIGTUNA212 contributed to this article.

Comments

Recommended