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'Where the Money Is' Mailbag: World Wrestling Entertainment

By Mark Reeth and Sean O'Reilly - Jul 3, 2014 at 9:00AM

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Can the WWE's stock rebound as its new on-demand network grows?

In this segment from the latest episode of Where the Money Is, consumer-goods editor Mark Reeth and CG analyst Sean O'Reilly answer queries from viewers looking for Foolish answers to their investing questions. The question comes from Max, who asks:

Why have shares of WWE ( WWE -0.16% ) been piledriven (piledrove?) into the ground recently? Can they turn around?

Mark and Sean answer this question by talking about the enduring popularity of pro wrestling, the launch and growth of the WWE Network and the numbers it needs to be profitable, and whether they think the stock will rebound.


 
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Stocks Mentioned

World Wrestling Entertainment, Inc. Stock Quote
World Wrestling Entertainment, Inc.
WWE
$49.34 (-0.16%) $0.08

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