This isn’t the best day for the corporate brass of WWE.
Following today’s Q1 Financial Report, WWE’s stock is down to $84.35, over 14% from last night’s closing of $98.50. In the report, Vince blamed a dip on “superstar absences.”
There are also reports that stockholders are not pleased with Bray Wyatt’s new gimmick. Sponsors are also not happy, feeling that Bray came off like a cult leader for kids. Bray responded to these reports on Twitter:
I love stockholders!
— Bray Wyatt (@WWEBrayWyatt) April 25, 2019
Here’s hoping that WrestleMania season, the FOX deal, and upgraded WWE Network will help the company bounce back next quarter.