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Analysts Remain Bullish On WWE, Cheer Early Ratings For 'Smackdown' On Fox
Friday, October 18, 2019 - 9:35am | 528World Wrestling Entertainment, Inc. (NYSE: WWE) shares are down 26.95% in the past six months as the stock’s TV renewal catalysts have faded and new competition has emerged. However, with the company’s third-quarter earnings report less than a week away, analysts remain bullish on WWE...
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WWE's 'Premiere Week' Ends On Low Note As #CancelWWENetwork Trends
Monday, October 7, 2019 - 3:30pm | 1029World Wrestling Entertainment, Inc. (NYSE: WWE) saw its "premiere week" experience a series of highs and lows for the brand. Ratings Wins The company kicked off Sept. 30 with the season premiere of its long-running flagship show, "Monday Night Raw," on USA Network. The...
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Bruised And Battered, But Not Broken: Wall Street Reacts To WWE's Earnings Miss
Friday, April 26, 2019 - 1:33pm | 592World Wrestling Entertainment, Inc (NYSE: WWE) stock traded lower by another 3.8 percent on Friday after the company reported a first-quarter earnings and revenue miss. The stock is now down 16.2 percent overall since Thursday's print. WWE reported a first-quarter EPS loss of 11 cents on...
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WWE's Stock Slammed On Big Q1 Earnings Miss
Thursday, April 25, 2019 - 11:28am | 376World Wrestling Entertainment, Inc. (NYSE: WWE) stock is down more than 9 percent Thursday after the company’s first-quarter earnings report fell short of market expectations. What Happened WWE reported a first-quarter EPS loss of 11 cents on revenue of $182.4 million. Both numbers were well...
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JPMorgan Raises WWE's Price Target, Bullish On 'Smackdown' Future
Tuesday, April 23, 2019 - 1:49pm | 462World Wrestling Entertainment, Inc. (NYSE: WWE) has been red hot in the past year on optimism about the company’s global TV content deals. Despite the stock’s 150-percent gain in the past year, one Wall Street analyst said it’s too early to get off the WWE train. The Analyst...
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Wells Fargo Sees More Upside For WWE Thanks To 'Raw' And 'Smackdown'
Friday, June 15, 2018 - 1:01pm | 419World Wrestling Entertainment, Inc. (NYSE: WWE) stock has more than doubled in 2018, but Wall Street sees even more upside ahead if reports about new TV deals are accurate. The Analyst Wells Fargo analyst Eric Katz on Friday reiterated his Outperform rating for the stock and raised his price target...
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WWE Network Enters China Just In Time For SummerSlam
Thursday, August 10, 2017 - 3:47pm | 471World Wrestling Entertainment, Inc. (NYSE: WWE) shares jumped 3 percent Thursday after the company announce it would be launching the WWE Network in China starting on Aug. 18. WWE announced a new partnership deal with Chinese streaming company PPTV just 10 days ahead of its SummerSlam pay-per-view...
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WWE Competitor Lucha Underground Reportedly Negotiating Netflix Deal
Saturday, March 12, 2016 - 12:38pm | 313Upstart World Wrestling Entertainment, Inc. (NYSE: WWE) competitor Lucha Underground is reportedly in talks with Netflix, Inc. (NASDAQ: NFLX) to bring at least one season of content to the streaming service. Lucha Underground premiered its first season of professional wrestling programming in...
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World Wrestling Entertainment forecasts bigger-than-expected FY loss; shares fall
Friday, May 16, 2014 - 10:27am | 110Shares of World Wrestling Entertainment (NYSE: WWE) slumped more than 47 percent in early trade after the company forecast a bigger-than-expected loss for the full-year prompting brokerage Benchmark to cut its rating on the company's stock from Buy to Hold. The full-year outlook of a loss ranging...