Following the announcement that WWE Co-Presidents George Barrios and Michelle Wilson had been fired from the company, WWE’s stock took a huge hit.
WWE stock was at $62.30 on Thursday, up $1.36 (2.23%) from Wednesday’s closing price. That was as of 4PM EST. When it was announced at 4:36PM EST that Barrios and Wilson had been fired, the stock fell $12.79 to $49.51 in after-hours trading. That is the lowest price for WWE stock since May 16th, 2018.