In an update on WWE’s stock, it closed at its lowest point in almost a month following yesterday’s Q4 earnings report. The stock ended the day at $49.23, down $6.77 (12.09%) following the report which showed a huge revenue decrease. That’s the lowest point since it closed at $48.71 on January 12th, after which point it began climbing to a high of $57.58 on the 1st. The stock has slightly rebounded in after-hours trading, sitting at $49.50 which is up $0.27 (0.55%).
WWE has added a section on the WWE Network paying tribute to the late Butch Reed. Reed passed away after suffering from two heart attacks. Reed had wrestled for WWE, then went to the NWA (WCW) where he would team with Ron Simmons to form the team of DOOM.
This week’s WWE Network Pick of the Week is brought to you by The Bollywood Boyz. You can check out their selection in the video below: