Black Widow
04-06-2009, 08:11 PM
WWE sent out the following press release today. It should be noted that as of this writing, their stock is down 4.78% today but it has been on a nice rise leading up to Mania.
STAMFORD, Conn. - (Business Wire) Despite a challenging economy, World Wrestling Entertainment® stock outperformed other entertainment companies on both stock price performance and total return basis for Q1 2009.
WWE is up 4.2% on a stock price basis versus CBS (-53.1%), Dream Works (-14.3%), Lions Gate (-8.2%), Marvel (-13.7%), News Corp. (-19.6%), Time Warner (-36.1%), Viacom (-7.2%) and Walt Disney Company (-20.0%).
On a total return basis*, WWE was up 8.0% also besting CBS (-52.4%), Dream Works (-14.3%), Lions Gate (-8.2%), Marvel (-13.7%), News Corp. (-18.8%), Time Warner (-27.8%), Viacom (-7.2%) and Walt Disney Company (-20.0%).
* Total Stock Return is defined as the change in stock price and value of reinvested dividends over a given period, i.e. 12/31/2008 – 3/31/09 in the above example. Investors should note that past returns are not a guarantee of future performance.
Additional information on World Wrestling Entertainment Inc. (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.
STAMFORD, Conn. - (Business Wire) Despite a challenging economy, World Wrestling Entertainment® stock outperformed other entertainment companies on both stock price performance and total return basis for Q1 2009.
WWE is up 4.2% on a stock price basis versus CBS (-53.1%), Dream Works (-14.3%), Lions Gate (-8.2%), Marvel (-13.7%), News Corp. (-19.6%), Time Warner (-36.1%), Viacom (-7.2%) and Walt Disney Company (-20.0%).
On a total return basis*, WWE was up 8.0% also besting CBS (-52.4%), Dream Works (-14.3%), Lions Gate (-8.2%), Marvel (-13.7%), News Corp. (-18.8%), Time Warner (-27.8%), Viacom (-7.2%) and Walt Disney Company (-20.0%).
* Total Stock Return is defined as the change in stock price and value of reinvested dividends over a given period, i.e. 12/31/2008 – 3/31/09 in the above example. Investors should note that past returns are not a guarantee of future performance.
Additional information on World Wrestling Entertainment Inc. (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.