'Where the Money Is' Mailbag: World Wrestling Entertainment
In this segment from the latest episode of Where the Money Is, consumer-goods editor Mark Reeth and CG analyst Sean O'Reilly answer queries from viewers looking for Foolish answers to their investing questions. The question comes from Max, who asks:
Why have shares of WWE been piledriven (piledrove?) into the ground recently? Can they turn around?
Mark and Sean answer this question by talking about the enduring popularity of pro wrestling, the launch and growth of the WWE Network and the numbers it needs to be profitable, and whether they think the stock will rebound.
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The article 'Where the Money Is' Mailbag: World Wrestling Entertainment originally appeared on Fool.com.Mark Reeth has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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