Shares of WWE crash 44% - now down 63% since publication of Lemelson Capital Short Call
- Published in Finding Alpha
- Read 5265 times
On March 17th, 2014 Lemelson Capital published “The Short Case for World Wrestling Entertainment”. At the time the shares were trading at 30.37.
The report stated that fair value for the shares was between $8.25 and $11.88 per share.
As of today, less than 60 days later, the shares are trading at $11.33 (and as low as $10.50) per share – a decline of some 63-65%.
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