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Even Vince McMahon Can’t Tap Out WWE’s Plunging Stock

WWE’s income fell by 0ver 80% from a similar quarter a year ago. Since the year started, WWE stock has depreciated by nearly 50% from its April high. The sports entertainment firm has also revised guidance downwards signalling that the stock could fall further. Shares of the Vince McMahon-led World Wrestling Entertainment (NYSE: WWE) fell…