— UPDATE x4: WWE’s stock closed at $23.90, down $4.12 (14.7%). As previously reported, the number dropped following the company releasing the first subscriber numbers for the WWE Network.
The stock is down another $0.10 in after-hours trading.
UPDATE x3: The stock is rebounding, now only down $3.66 (13.06%) as of 3:15 PM ET.
UPDATE x2: As of 1:41 PM ET, the stock is down a total of $5.53 (19.74%), rebounding slightly from the last report.
UPDATE: As of noon ET, the WWE stock is down a total of $5.72 (20.41%).
ORIGINAL Earlier today, WWE announced that they currently have 667,287 subscribers for the WWE Network after 42 days of operation. They also stated that the Network was well on its way to reaching its goal of 1 million subscribers by the end of 2014.
This announcement has not impressed Wall Street. So far for today (10:25 AM ET), WWE’s stock is down over 14% ($4.04) to $23.99.
— Here is a shot that’s making the rounds online of Michelle McCool immediately after the Undertaker lost to Brock Lesnar at WrestleMania 30, putting an end to his fabled Streak:
Michelle McCool's reaction to the streak ending. #ThankYouTaker pic.twitter.com/TfZjR6iGaC
— The Undertaker (@UndertakerNews) April 7, 2014
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