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April 5, 2016

Variety Analyzes WWE Stock Drop

Variety.com published a new piece looking at the WWE stock drop following the reveal of the new Network subscriber count. The article attributes investors pushing the stock down to skepticism that WWE Network will be able to convert a substantial number of those who signed up for the #FreeWrestleMania promo into paying customers.

As noted, shares of WWE stock closed down 4.3% for the day yesterday, to $16.56 per share. You can read more at this link.

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