WWE Drop-Kicks the Competition
Wall Street Cheat Sheet submits:
Sunday night, World Wrestling Entertainment Inc. (WWE) hosted an action-packed WrestleMania XXVI. After looking in the rearview mirror of the company’s stock chart patterns, I noticed that the past 3 years, WWE’s stock price has risen in Q1.
Since closing out 2009, WWE shares have risen from $15.33 per share to today’s price level of $17.60. So far, that’s a 14.8% stock price rise in this year’s Q1, with an additional 8.2% annual dividend yield the company prides itself on issuing to its loyal shareholders.
Investing, Long Term Investment, stock market | admin March 29, 2010
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