Zacks Downgrades WWE To “Underperform” Rating

Published On 08/06/2013 | By PWMania.com Staff | News

Zacks has downgraded World Wrestling Entertainment from a “neutral” rating to an “underperform” rating in a research note issued last Friday to investors, according to AnalystRatingsNetwork.com.

Stephanie McMahon Levesque has sold 114,972 shares of the stock on the open market yesterday. The shares sold for an average price of $10.39, for a total of $1,194,559.08. Stephanie only retains 51,945 shares of the stock, with a market value of over $500,000.

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