It hasn’t been a great time to be a stock owner in general with the Nasdaq composite in free fall, and the same is true for WWE at the moment. Today the WWE’s stock hit a 52-week low of $30.00. It wound up closing at $30.44, which is down $5.42 today (15.11 percent). This shouldn’t come as a huge shock as the Nasdaq as a whole was down 12.32 percent.
However, it does mark another low point for WWE stock over the past year. It has fallen substantially since its 52-week high of $100.45 and is now worth just 30 percent of the value it once was. The market cap now sits at 2.35 billion dollars.
Of course, this isn’t due to a specific move WWE has done, although WrestleMania is certainly in limbo right now, but overall concerns over the Coronavirus. For WWE television, the show will continue to go on … just without an audience.
RELATED: More Details On The Revival Not Being Paid By WWE During Their Absence
