{"id":27362,"date":"2016-07-28T16:16:28","date_gmt":"2016-07-28T21:16:28","guid":{"rendered":"http:\/\/www.pwtorch.com\/site\/?p=27362"},"modified":"2016-07-28T16:16:28","modified_gmt":"2016-07-28T21:16:28","slug":"728-wwe-stock-track-market-respond-wwes-financial-report","status":"publish","type":"post","link":"https:\/\/www.pwtorch.com\/site\/2016\/07\/28\/728-wwe-stock-track-market-respond-wwes-financial-report\/","title":{"rendered":"7\/28 WWE Stock Track &#8211; How did the market respond to WWE&#8217;s financial report?"},"content":{"rendered":"<div id=\"pwtor-1321918519\" class=\"pwtor-before-content pwtor-entity-placement\"><hr \/><b>SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)... <\/b>\r\n\r\n<iframe src=\"https:\/\/widget.spreaker.com\/player?show_id=3076978&theme=light&playlist=false&playlist-continuous=false&autoplay=false&live-autoplay=false&chapters-image=true&episode_image_position=right&hide-logo=false&hide-likes=false&hide-comments=false&hide-sharing=false&hide-download=true\" width=\"100%\" height=\"140px\" frameborder=\"0\"><\/iframe>\r\n<hr \/><\/div><p><strong>WWE Stock Track\u00a02016<br \/>\n<\/strong><strong style=\"line-height: 1.5;\">Week 28 &#8211;\u00a0July 25-29<\/strong><\/p>\n<p>&#8211; <strong>Thursday, July 28:\u00a0<\/strong>Closing Price of $19.75 per share, virtually unchanged.<\/p>\n<p>On financial reporting day, WWE spent most of the day below Wednesday&#8217;s close of $19.74, but nosed above the bar in the final minutes of trading Thursday afternoon.<\/p>\n<p>Investors were mixed in their response to WWE&#8217;s second quarter earnings. WWE set a revenue record in the quarter, but they also operated at a very small profit margin.<\/p>\n<p>WWE also grew its Network business, but domestic subscriptions are flat compared to last year&#8217;s WrestleMania.<\/p>\n<p>Also, through the first six months of 2016, despite huge WrestleMania business, WWE actually made less money in their business operations than through the first-half of 2015.<\/p>\n<p>Investors felt really confident after the First Quarter 2016 earnings report, and the stock progressively advanced from $17.43 to the $20-range, but that was not the case with Q2-2016.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-27419\" src=\"http:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2016\/07\/WWENet2016.png\" alt=\"WWENet2016\" width=\"553\" height=\"200\" srcset=\"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2016\/07\/WWENet2016.png 553w, https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2016\/07\/WWENet2016-300x108.png 300w\" sizes=\"auto, (max-width: 553px) 100vw, 553px\" \/><\/p>\n<p>&#8211; <strong>Wednesday, July 27:<\/strong>\u00a0Closing Price of $19.74 per share, down slightly from Tuesday.<\/p><div id=\"pwtor-628308909\" class=\"pwtor-content pwtor-entity-placement\"><div align=\"center\" data-freestar-ad=\"__336x280 __336x280\" id=\"pwtorchcom_test_300x250\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_test_300x250\", slotId: \"pwtorchcom_test_300x250\" });\r\n  <\/script>\r\n<\/div><\/div>\n<p>The stock did not reach $20 on Wednesday, ranging between $19.37 and $19.85.<\/p>\n<p>Now, WWE reports Second Quarter 2016 earnings results on Thursday, which should lead to\u00a0significant\u00a0investment activity one way or the other.<\/p>\n<p>&#8211; <strong>Tuesday, July 26:<\/strong>\u00a0Closing Price of $19.81 per share, down slightly from Monday.<\/p>\n<p>Once again, the stock topped $20 at $20.06 during the day, but fell back at closing.<\/p>\n<p>&#8211; <strong>Monday, July 25:<\/strong>\u00a0Closing Price of $19.87 per share, essentially even with last Friday&#8217;s closing price of $19.86.<\/p>\n<p>The stock climbed to\u00a0$20.15, but did not sustain the $20-level at closing.<\/p>\n<p>***<\/p>\n<p><strong>2016 WWE STOCK SCORESHEET<\/strong><\/p><div id=\"pwtor-1198403137\" class=\"pwtor-content-1 pwtor-entity-placement\"><!-- Tag ID: pwtorchcom_test_300x600 -->\r\n<div align=\"center\" data-freestar-ad=\"__336x280 __300x600\" id=\"pwtorchcom_test_300x600\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_test_300x600\", slotId: \"pwtorchcom_test_300x600\" });\r\n  <\/script>\r\n<\/div><\/div>\n<ul>\n<li>2016 Open: $17.44 per share<\/li>\n<li><strong>Latest Close: $19.75 per share (7\/28)<\/strong><\/li>\n<li>Current 52-Week Range: $14.20-23.63<\/li>\n<li>2016 Q3 High Points: $21.19 (7\/12),\u00a0$20.46 (7\/11), $20.39 (7\/18)\n<ul>\n<li>June 20 Week: $19.72 (6\/20), $19.20 (6\/21), $19.09 (6\/23), $19.02 (6\/22)<\/li>\n<li>Pre-June 20 Week: $18.99 (6\/16), $18.93 (3\/17), $18.86 (4\/4), $18.85 (6\/17), $18.82 (5\/11)<\/li>\n<\/ul>\n<\/li>\n<li>2016 Low Points: $14.20 (2\/11); $15.55 (4\/12)<\/li>\n<\/ul>\n<ul>\n<li>2016 Initial Market Value: $1.34 billion<\/li>\n<li><strong>Current Market Value: $1.50 billion (7\/28)<\/strong><\/li>\n<li>2016 Market Value Low Point: $1.11 billion (Week of 2\/8)<\/li>\n<li>2016 Market Value High Points:\u00a0$1.55 billion (7\/11)<\/li>\n<\/ul>\n<ul>\n<li>Feb. 11: Financial Day #1 Milemarker (Q4 &amp; 2015 Year-End) &#8211; $14.94 closing price (down 5.1% from previous day)<\/li>\n<li>May 10: Financial Day #2 Milemarker (First Quarter 2016) &#8211; $17.43 closing price (up 2.2% from previous day)<\/li>\n<li>June 16: WWE announces China initiative &#8211; $18.99 year-high stock price; $1.41 billion market value<\/li>\n<li>June 20: Year-high Stock Price of $19.72 per share<\/li>\n<li>June 23: First time closing above $19 since October 2015<\/li>\n<li>July 8: New 2016 high-point of $19.80 per share<\/li>\n<li>July 11: First time closing above\u00a0$20 since October 2015; new 2016 high-point of $20.63 per share<\/li>\n<li>July 12: New 2016 high-point of $21.19 per share<\/li>\n<li><strong>July 28: Financial Day #3 Milemarker (Second Quarter 2016) &#8211; $19.75 per share <\/strong>(nearly identical to $19.74 previous day)<\/li>\n<\/ul>\n<div class=\"pwtor-end-article-groups pwtor-entity-placement\" id=\"pwtor-2646285371\"><div id=\"pwtor-622809020\"><div align=\"center\" data-freestar-ad=\"__336x280\" id=\"pwtorchcom_medrec_3\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_medrec_3\", slotId: \"pwtorchcom_medrec_3\" });\r\n  <\/script>\r\n<\/div>\r\n\r\nTHANK YOU FOR VISITING<\/div><\/div>","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>WWE Stock Track\u00a02016 Week 28 &#8211;\u00a0July 25-29 &#8211; Thursday, July 28:\u00a0Closing Price of $19.75 per share, virtually unchanged. On financial reporting day, WWE spent most of the day below Wednesday&#8217;s close of $19.74, but nosed <a class=\"mh-excerpt-more\" href=\"https:\/\/www.pwtorch.com\/site\/2016\/07\/28\/728-wwe-stock-track-market-respond-wwes-financial-report\/\" title=\"7\/28 WWE Stock Track &#8211; How did the market respond to WWE&#8217;s financial report?\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":1239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[71,1710,689,3465,236,706],"class_list":["post-27362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news_wwe","tag-wwe","tag-wwe-earnings","tag-wwe-financials","tag-wwe-q2-2016","tag-wwe-stock","tag-wwe-stock-track"],"jetpack_featured_media_url":"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/2015\/10\/WWELogo_3x2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/27362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/comments?post=27362"}],"version-history":[{"count":2,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/27362\/revisions"}],"predecessor-version":[{"id":27422,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/27362\/revisions\/27422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media\/1239"}],"wp:attachment":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media?parent=27362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/categories?post=27362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/tags?post=27362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}