WWE Stock Hits 52-Week Low, Sid’s Arrest Gains National Attention
– Shares of WWE stock continued to slide today after World Wrestling Entertainment announced Friday they expect lower-than-expected earnings when the organization releases fourth-quarter financial results on Feb. 10. WWE stock traded as low as $11.50 this morning, reaching a 52-week-low and exactly two dollars down from Friday’s close. It has since bounced back up to $12.24 as of this post.
— The pre-sale password for WWE’s Axxess event during Wrestlemania weekend is AXXESS. The pre-sale is ongoing via Ticketmaster.com.
— The Associated Press has acknowledged the story of former WWE Champion “Sycho Sid” Eudy being arrested Friday night in Memphis, Tennessee for marijuana possession, driving without a license and driving without a seatbelt.
To read the article, click here. He was released on $1,000 bond.