7/1 WWE Stock Track – WWE finishes same as last week’s Brexit dip

By James Caldwell, PWTorch assistant editor


SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)...

WWE Stock Track 2016
Week 25 – June 27-July 1

Monday, June 27: WWE continued a two-day downturn related to the “Brexit” U.K. decision affecting the global market.

WWE fell 2.4 percent on Monday, matching the overall decline of the NASDAQ market.

WWE closed at $17.74 per share, down from $18.18 on Friday.

WWE hit a year-high stock price of $19.72 per share last Monday, but only peaked at $18.11 this Monday, below last Friday’s closing price.

Tuesday, June 28: WWE was virtually even with Monday at $17.75 closing price.

The stock did not move much, remaining below $18 throughout the day.

– Wednesday, June 29: Closing Price of $18.07 per share, climbing above $18 again.

The peak was $18.15 per share.

Thursday, June 30: Closing Price of $18.41 per share, up two percent from Wednesday.

The stock climbed as high as $18.85 per share, nearly returning to the $19 level enjoyed last week pre-Brexit.

Friday, July 1: WWE fell 1.5 percent to a closing price of $18.12 per share to end the week, virtually even with last week’s closing price of $18.18.

The stock peaked at $18.72 early in the morning, then sharply declined before leveling off the rest of the day. The stock even fell below $18 to $17.97 per share before rebounding above $18 to end the day.

WWE is now valued at $1.38 billion.

***

2016 WWE STOCK SCORESHEET

  • 2016 Open: $17.44 per share
  • Latest Close: $18.12 per share (7/1)
  • Current 52-Week Range: $14.20-23.63
  • 2016 High Points: $19.72 (6/20), $19.20 (6/21), $19.09 (6/23), $19.02 (6/22)
    • Pre-June 20 Week: $18.99 (6/16), $18.93 (3/17), $18.86 (4/4), $18.85 (6/17), $18.82 (5/11)
  • 2016 Low Points: $14.20 (2/11); $15.55 (4/12)
  • 2016 Initial Market Value: $1.34 billion
  • Current Market Value: $1.38 billion (7/1)
  • 2016 Market Value Low Point: $1.11 billion (Week of 2/8)
  • 2016 Market Value High Points: $1.45 billion (Week of 6/20), $1.41 billion (6/16 & 6/17), $1.39 billion (Week of 3/28)
  • Feb. 11: Financial Day #1 Milemarker (Q4 & 2015 Year-End) – $14.94 closing price (down 5.1% from previous day)
  • May 10: Financial Day #2 Milemarker (First Quarter 2016) – $17.43 closing price (up 2.2% from previous day)
  • June 16: WWE announces China initiative – $18.99 year-high stock price; $1.41 billion market value
  • June 20: Year-high Stock Price of $19.72 per share
  • June 23: First time closing above $19 since October 2015

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