The World Wrestling Entertainment shares have crashed 0ver 20% after third quarter earnings showed lower revenue and concerns over $WWE Mid East and India networks. United Kingdom BT Sport & Fox Sports in Latin America guidance is awaited also. WWE shares fell 5% immediately following the announcement. World Wrestling Entertainment, Inc. NYSE: WWE Q3 Earnings World Wrestling Entertainment (WWE) Reported Earnings After Close Wednesday $0.06 Beat $0.02 EPS Forecast And $186.3 Million Missed $191 Mil Revenue Forecast Earnings World Wrestling … Continue reading “WWE Shares Smackdown on Revenue and International Media Deal Jitters”
WWE Shares Soar on New Smackdown and Raw TV Deal
The World Wrestling Entertainment shares have soared 17% since the Hollywood Reporter broke a story on Thursday that $WWE is talking to other networks about its iconic “Smackdown” television franchise and completing a new deal for “Raw” at three times the value.