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Why World Wrestling Entertainment Stock Lost 21% Last Month

TheMotleyFool

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Why World Wrestling Entertainment Stock Lost 21% Last Month

Shares of World Wrestling Entertainment (NYSE: WWE) were hitting the mat last month after the leading wrestling organization posted an underwhelming third-quarter earnings report. According to data from S&P Global Market Intelligence, the stock finished the month down 21%. As you can see from the chart below, the slide came mostly at the end of the month after its earnings report came out.