04-07-2014, 11:48 AM
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#10176
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oxymoron
Join Date: Feb 2001
Location: OP/KC/Whatever
Casino cash: $9556299
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Ouch.
Quote:
Originally Posted by WO/F4W
Massive WWE stock selloff due to network number
Monday, 07 April 2014 07:37
The announcement this morning of only 667,287 subscribers to the WWE Network has led to massive stock selling. As of this moment, the stock has dropped $6.07 to $21.97 per share.
The number shocked people internally who were led to believe the network was doing far better than that. The number had been kept secretive from almost everyone, but at business meetings over the weekend with companies they work with, they pushed the Monday announcement hard and in a positive manner.
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