-
Bowlero Lands SPAC Deal: Reopening, Media And Sports Betting Could Add Upside
Thursday, July 1, 2021 - 10:41am | 806Read More...The largest owner and operator of bowling centers worldwide is going public with a SPAC deal announced Thursday morning. The SPAC Deal: Bowlero announced a SPAC merger with Isos Acquisition Corp (NYSE: ISOS) valuing the company at a pro forma enterprise value of $2.6 billion. A PIPE of $450...
-
Analysts Speak Up On WWE's Disappointing Earnings: Could Amazon Step Into The Ring?
Friday, February 7, 2020 - 1:11pm | 746Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) shares stabilized a bit to close out the week after the surprise departure of two top executives, disappointing 2020 guidance and a fourth-quarter revenue miss sent shares tumbling more than 25% over the past two weeks. On the afternoon of Jan. 30,...
-
WWE's Sell-Off Continues Following Executive Departures, Uncertainty Ahead
Monday, February 3, 2020 - 1:00pm | 574Read More...After a brutal day of trading on Friday, World Wrestling Entertainment, Inc. (NYSE: WWE) traded lower by another 4.7% on Monday following the unexpected departure of two top executives. Several analysts cut price targets for WWE following the news, but a downgrade by Morgan Stanley likely hit the...
-
Wall Street Slams WWE Following Unexpected Executive Departures
Friday, January 31, 2020 - 11:15am | 648Read More...World Wrestling Entertainment, Inc.'s (NYSE: WWE) stock crashed more than 20% on Friday after the company dismissed two long-time executives and cut its 2019 earnings guidance ahead of its fourth-quarter report due out on Feb. 6. WWE announced Co-Presidents George Barrios and Michelle Wilson...
-
WWE Shares Plunge 23% As Company Ousts Co-Presidents, Downgrades Q4 Expectations
Friday, January 31, 2020 - 12:02am | 318Read More...World Wrestling Entertainment's (NYSE: WWE) stock traded remarkably lower in Thursday's after-hours session, as the company announced the departure of its co-presidents. What Happened WWE, a media and entertainment company, announced that co-presidents George Barrios and Michelle...
-
Wrestlemania Boosted WWE Network Subscriptions By 20%
Tuesday, May 10, 2016 - 2:59pm | 427Read More...Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) were trading higher by nearly 5 percent on Tuesday after the company reported first quarter results. WWE said it earned $0.18 per share in the first quarter on revenue of $171 million. Wall Street analysts were expecting the company to...
-
WWE Network To Enter Japan; Stock Spikes
Friday, December 11, 2015 - 10:16am | 358Read More...Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) have gained about 30 percent year-to-date. The company on Friday said it will begin offering its streaming service in Japan for $9.99 a month. The expansion to the Japanese market follows earlier moves into other key markets such...
-
The WWE Network's Bumpy Road
Monday, December 1, 2014 - 4:16pm | 1032Read More...There’s no question that 2014 has been a disappointing year for World Wrestling Entertainment, Inc. (NASDAQ: WWE) and its shareholders. After first going public in 1999 at $17 per share, WWE stock has drifted mostly sideways for the next 14 years while the S&P 500 has gained more than...
-
WWE Q1 Earnings Call Summary
Monday, May 19, 2014 - 2:25pm | 228Read More...The executives at World Wrestling Entertainment (NYSE: WWE) spoke somewhat hesitantly in their Q1 earnings call on Monday, as they were unwilling/unable to comment on many of the questions and points brought up by conference call listeners. They addressed mulitple points including their new WWE...









