LogFAQs > #967331316

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TopicWould it be a good idea to buy/watch the WWE stock tomorrow?
Bad_Mojo
08/15/22 6:46:13 PM
#1:


  • Why tomorrow? WWE is going to announce their Q2 2022 Earnings
  • Interesting Fact 1 - The long term CEO and owner of the company is caught up in a scandal which he used company money as hush money to quite his affairs. There are two new CEOs now of this company, his daughter Steph and Nick Kahn, a titan in Hollywood and life-long friends of The Rock.
  • Interesting Fact 2 - The WWE wills report a big net profit because they always do. Q1 of 2022 - Revenue was $333.4 million, an increase of 27% and a quarterly record; Operating Income was $92.4 million, an increase of 42%; and Adjusted OIBDA1 was $111.7 million, an increase of 33% and a quarterly record
https://i.imgur.com/aSwMr0h.png

  • Interesting Fact 3 - The price of the stock seems to always go up after the Quarter reports, but I can't seem to prove this because I don't know a thing about stocks, lol

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