1/22 WWE Stock Track – How the week ended, WWE announces Q4 & 2015 year-end date

By James Caldwell, PWTorch assistant editor


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

WWE announced they will report Fourth Quarter 2015 & full-year 2015 earnings on Thursday, February 11.

WWE CEO Vince McMahon and financial executive George Barrios will host the quarterly conference call at 11:00 a.m. EST.

Included in the financial results will be Q4 and year-end WWE Network subscriber figures, PPV business for Hell in a Cell, Survivor Series, and TLC, and other key metrics.

WWE Stock Track 2016
Week 3 – January 18-22

Friday, January 22: Closing Price of $16.74 per share, up five percent from Thursday.

The end result was a slight gain from the end of last week.

Thursday, January 21: Closing Price of $15.95 per share, down 3.5 percent from Wednesday.

The stock fell as low as $15.83 per share, the lowest point of the year.

It was another big trade volume day with 1.153 million shares bought and sold.

Wednesday, January 20: Closing Price of $16.53 per share, essentially even with Tuesday.

Trading volume was huge at 5.023 million, yet the stock barely moved. The high was $16.67 and the low was $16.15 per share. The chart below captures how choppy the stock price was in the afternoon.

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This was the highest trade volume since March 30, 2015, the day after WrestleMania when WWE released a post-Mania WWE Network subscriber count.

Earlier in the day, WWE issued a press release formally announcing WWE’s inclusion in the S&P SmallCap 600, one week after the news came out.

“We are pleased to be recognized by the S&P and added to the S&P SmallCap 600 Index,” said financial executive George Barrios in the press release. “The selection by the S&P further highlights our industry leadership, earnings growth, and the long-term potential of our global business.”

Tuesday, January 19: Closing Price of $16.59 per share, down one percent from last Friday’s close of $16.80 per share.

Trading volume was 1.007 million, leading to big swings from a low of $16.32 per share to a high of $17.21 per share. The stock ended up right in the middle.

Monday, January 18: Stock Market closed due to MLK holiday.

2016 WWE STOCK SCORESHEET

  • 2016 Initial Market Value: $1.34 billion
  • 2016 Open: $17.44 per share
  • Current 52-Week Range: $10.11 – 23.63
  • 2016 High Point: $18.29 (1/4)
  • 2016 Low Point: $15.83 (1/22)
  • Current Market Value: $1.25 billion

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