World Wrestling Entertainment Is A Short With 35% Downside [Seeking Alpha]
World Wrestling Entertainment, Inc. Class A (WWE)
Last world wrestling entertainment, inc. class a earnings: 4/23 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
corporate.wwe.com/investors/investor-overview
Company Research
Source: Seeking Alpha
Summary World Wrestling Entertainment, Inc ( WWE ) has been a big winner this year with the stock up 200% year to date on strong earnings and news of a new distribution agreement with USA Networks and Fox Sports for its professional wrestling media. The company’s own direct-to-consumer, video on demand subscription service 'WWE Network' has been a success posting continued growth in number of paid users driving revenue. Separately; the company is making inroads internationally hosting more events outside North America. Still; I believe the stock is overvalued here at $91 per share and ready for a meaningful pullback. Taking a deep dive into the financials, it appears the bulk of the growth story has already played out and the company will be challenged to incrementally lift revenues beyond market expectations. The recent content distribution deal was a big win for the 66-year-old company, but mask other emerging areas of weakness. The company will increasingly rely on a more u
Show less
Read more
Impact Snapshot
Event Time:
WWE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WWE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WWE alerts
High impacting World Wrestling Entertainment, Inc. Class A news events
Weekly update
A roundup of the hottest topics