WWE Stock Hits One Year Low

One day after setting an annual low for stock, WWE bottomed out further Friday with a new 52-week low.

Shares of WWE stock traded at $9.33 per share on Friday morning to set the new low point. The closing price inched up to $9.39 per share.

WWE set a new 52-week low on Thursday with the overall stock market on the rise, breaking a six-day losing streak. The stock market resumed its slump on Friday, closing the week on a downward trend.

Comparatively, WWE’s stock price was down 2.5 percent on Friday vs. 1.4 percent for the Dow Jones industrial average and 1.5 percent for the Nasdaq market.

source: wrestlingnewssource.com