WWE Stock Drops Following Network Launch, RAW News

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— On June 9th, WWE returns to Minneapolis, Minnesota at Target Center for Monday Night RAW. The pre-sale starts tomorrow at 11AM ET, and the pre-sale code is WWEMNNY. John Cena, Randy Orton, Daniel Bryan, and Sheamus are currently advertised for the event.

— After hitting a fourteen year high last week, WWE’s stock fell close to a dollar yesterday and at the time of closed $0.28 today at $23.71. The drop is being attributed to the WWE Network problems.

That being said, Barrons is maintaining a hold (neutral) rating due to the TV deal negotiations and the WWE Network.

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