7/8 WWE Stock Track – WWE hits new 2016 high-point as part of mid-week surge

By James Caldwell, PWTorch assistant editor


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

WWE Stock Track 2016
Week 26 – July 4-8

Friday, July 8: Closing Price of $19.51 per share, up 1.7 percent from Thursday to continue surging during the second-half of the week.

WWE’s increase matched the overall stock market increasing (1.4 percent for the Dow and 1.6 percent for the NASDAQ).

WWE peaked at $19.80 per share, the new high-mark for the year, topping $19.72 on June 20.

The surge now has WWE valued at $1.48 billion., up from $1.38 billion to end last week. It’s the highest valuation of the year.

Thursday, July 7: Closing Price of $19.18 per share, up 1.5 percent from Wednesday. WWE closed above $19 for the first time in two weeks since before Brexit.

The stock climbed as high as $19.39 per share.

Wednesday, July 6: Closing Price of $18.91, up nearly one dollar (five percent) from Tuesday’s close.

The big one-day surge included a peak of $19.10 per share.

There was heavy trade volume nearly reaching 1.0 million shares bought and sold.

Tuesday, July 5: Closing Price of $17.96, down from $18.12 at the end of last week.

Monday, July 4: Stock Market closed for Fourth of July.

***

2016 WWE STOCK SCORESHEET

  • 2016 Open: $17.44 per share
  • Latest Close: $19.51 per share (7/8)
  • Current 52-Week Range: $14.20-23.63
  • 2016 High Point: $19.80 (7/8)
    • 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 (7/8)
  • 2016 Market Value Low Point: $1.11 billion (Week of 2/8)
  • 2016 Market Value High Points: $1.48 billion (7/8)
  • 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

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