9/16 WWE Stock Track – WWE dips to end one-month hot streak

By James Caldwell, PWTorch assistant editor


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

WWE Stock Track 2016
Week 35 – Sept. 12-16

After closing above $20 per share for a full month from August 9 to September 12, WWE finished the week below $20.

WWE’s deadline for the quarterly dividend was Tuesday (Sept. 13), then WWE fell off each day the rest of the week.

– Monday, September 12: Closing Price of $20.02 per share, down slightly from $20.13 last Friday.

– Tuesday, September 13: Closing Price of $19.45 per share, down three percent from Monday.

– Wednesday, September 14: Closing Price of $19.40 per share, down slightly from Tuesday.

Thursday, September 15: Closing Price of $19.48 per share, up slightly from Wednesday.

Friday, September 16: Closing Price of $19.32 per share, down one percent from Thursday.

It was the lowest closing price in a month-and-a-half dating back to August 2.

WWE is now valued at $1.48 billion, down four percent from $1.54 billion at the close of last week’s business.

***

2016 WWE STOCK SCORESHEET

  • 2016 Open: $17.44 per share
  • Latest Close: $19.32 per share (9/16)
  • Current 52-Week Range: $14.20-21.55
  • 2016 Recent High Points: $21.55 (9/6)
    • August High Points: $21.47 (8/26), $21.39 (8/18)
    • July High Points: $21.19 (7/12), $20.46 (7/11), $20.39 (7/18)
    • June 20 Week: $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: $1.48 billion (9/16)
  • 2016 Market Value Low Point: $1.11 billion (Week of 2/8)
  • 2016 Market Value High Points: $1.62 billion (9/2), $1.61 billion (8/26), $1.60 billion (8/19), $1.58 billion (8/12), $1.55 billion (7/11)

***

2016 WWE STOCK KEY DATES

  • 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
  • July 8: New 2016 high-point of $19.80 per share
  • July 11: First time closing above $20 since October 2015; new 2016 high-point of $20.63 per share
  • July 12: New 2016 high-point of $21.19 per share
  • July 28: Financial Day #3 Milemarker (Second Quarter 2016) – $19.75 per share (nearly identical to $19.74 previous day)
  • Aug. 11: Highest Closing Price of the year at $20.90, highest since August 19, 2015.
  • Aug. 18: New 52-week high-point of $21.39 per share
  • Aug. 26: New 52-week high-point of $21.47 per share
  • Sept. 6: New 52-week high-point of $21.55 per share

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