From @yomerman: Why do you think the @WWE stock fluctuates so often? I know very little about stocks but it seems WWE stock is always dropping!
It's hard to really understand why it goes up and down so often, but I think Chris Harrington does a phenomenal job of covering the business side of WWE for us here at WhatCulture. Be sure to check out his work. There were high expectations earlier in the year when WWE's stock price shot up to around $31 and now it's all the way down to $11. Part of the reason for that is because analysts believed Vince McMahon when he spoke about how they would get a huge increase in their new TV deal. They did get more money, but it was a slight increase compared to what they thought they would get. When you add in all of the costs from launching the WWE Network and you have a situation where investors don't really trust WWE at this point. All we should really care about as fans is the on screen product. The stock market hit by WWE this week is likely going to put Vince McMahon in a bad mood. Here's hoping he doesn't snap at anybody on Monday backstage at Raw although if I worked there I would be on my best behavior.
John wrote at WhatCulture from December 2013 to December 2015. It was fun, but it's over for now. Follow him on Twitter @johnreport. You can also send an email to mrjohncanton@gmail.com with any questions or comments as well.
