WWE stock Tag


Posted On May 25, 2014By Thad ZajacIn Columns, Featured

Fear, Loathing, and the WWE Network

One week ago, Vincent Kennedy McMahon lost his billionaire status in a single day. For a man with as gigantic an ego as McMahon, the loss was pretty brutal. One third of his net worth vanished to the vagaries of Wall Street. Some people blamed the meager increase of WWE’s television deal with NBC Universal, others blamed anemic (by Wall Street’s standards) subscription numbers for the WWE Network. There probably wasn’t one particular reason, as the stock market is a place prone to unreasonable standards and herd mentality, where ifRead More