Awful Announcing
WWE dismissed a pair of long-term executives Thursday after less-then-expected earnings results, and their stock plummeted in after-hours trading.
WWE's stock fell over 10 percent Thursday after their Q1 numbers were well below many analysts' estimates.
Fox's common stock went from $38.40 a share at close Tuesday to $36.71 at close Thursday, a loss of billions across the company's outstanding shares.
"The key near term headwinds are soft NFL ratings and the risk that the Sky transaction is blocked by UK regulators."
Several Wall Street analysts project NFL ratings may stay down and hurt broadcasters' bottom lines.
