With Shares Down More Than 30% in 2020, Is WWE a Buy?
World Wrestling Entertainment (NYSE: WWE) stock is down nearly 50% over the last 12 months. And most recently, shares fell 9% after the company reported disappointing fourth-quarter and full-year 2019 results. Several analysts downgraded their ratings on the stock.
So with shares trading near 52-week lows, could it be an opportune time to invest?
Image source: WWE.
Source Fool.com