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WWE Stock Drop Erased $1 Billion In Market Value

Posted By: Ben Jordan Kerin on Feb 02, 2020

WWE Stock Drop Erased $1 Billion In Market Value

WWE lost a whopping 28% in stock value over the last few days, which equates to around $1 billion, according to Bloomberg.

This dramatic fall came off the heels of Co-Presidents George Barrios and Michelle Wilson leaving the company at the end of last week.

A drop of this size hasn't been seen in WWE for close to six years and Bloomberg says the drop has caused investors to "lose confidence in [WWE's] financial projections."

WWE's next investor call should be one to watch out for.

Source: Bloomberg
Tags: #wwe #raw #smackdown #wwenxt

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