6/17 WWE Stock Track – WWE maintains China bump after Thursday’s year-high

By James Caldwell, PWTorch assistant editor


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

WWE Stock Track 2016
Week 23 – June 13-17

Friday, June 17: Closing Price of $18.56 per share, essentially the same as Thursday’s close.

The stock climbed as high as $18.85 per share in the morning before dipping in the afternoon to a low of $18.33 per share.

WWE still has not reached $19 per share this year, last reaching the benchmark in December at the close of 2015.

WWE is now valued at $1.41 billion after a strong final two days of the trading week from the China expansion announcement.

– Thursday, June 16: Closing Price of $18.55 per share, up 4.1 percent from Wednesday.

The stock market reacted very favorably to WWE announcing their business initiatives in China around the start of the trading day in the U.S.

The stock climbed as high as $18.99 per share on Thursday morning, hitting a year-high. The stock obviously came close to passing $19, but did not quite inch above the bar.

The previous 2016 high-point was $18.93 three months ago in mid-March.

WWE is now valued at a year-high $1.41 billion.

Wednesday, June 15: Closing Price of $17.81 per share, up slightly from Tuesday’s close.

Tuesday, June 14: Closing Price of $17.60 per share, up slightly from Monday’s close.

Monday, June 13: Closing Price of $17.44 per share, down about one percent from last Friday.

2016 WWE STOCK SCORESHEET

  • 2016 Open: $17.44 per share
  • Latest Close: $18.56 per share (6/17)
  • Current 52-Week Range: $13.15-23.63
  • 2016 High Points: $18.99 (6/16), $18.93 (3/17), $18.86 (4/4), $18.85 (6/17), $18.82 (5/11), $18.42 (1/26)
  • 2016 Low Points: $14.20 (2/11); $15.55 (4/12)
  • 2016 Initial Market Value: $1.34 billion
  • Current Market Value: $1.41 billion (6/17)
  • 2016 Market Value Low Point: $1.11 billion (Week of 2/8)
  • 2016 Market Value High Points: $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

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