World Wrestling Entertainment Inc
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Communication Services : Entertainment | Small Cap Blend
Company profile

World Wrestling Entertainment, Inc. (WWE) is an integrated media and entertainment company. The Company is principally engaged in the production and distribution of wrestling entertainment content through various channels, including over-the-top network (WWE Network), filmed entertainment, live events, and others. Its segments include Media, Live Events and Consumer Products. The Media segment reflects the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The Live Events segment provides ongoing content for its media platforms. This segment also includes ticket sales and sale of travel packages associated with the Company’s global live events. The Consumer Products segment engages in the merchandising of WWE- branded products, such as video games, toys and apparel, through licensing arrangements and direct-to-consumer sales.

Price
Delayed
$69.85
Day's Change
2.16 (3.18%)
Bid
--
Ask
--
B/A Size
--
Day's High
69.95
Day's Low
67.88
Volume
(Below Average)

Today's volume of 136,627 shares is on pace to be lower than WWE's 10-day average volume of 614,204 shares.

136,627

First Solar's stock extends rocket ride after BofA upgrades, boosts price target by 66%

1:48 pm ET August 1, 2022 (MarketWatch)
Print

Shares of First Solar Inc. (FSLR) climbed 1.3% toward an eight-month high in afternoon trading Monday, after BofA Securities analyst Julien Dumoulin-Smith backed away from his bearish stance on the solar power systems company, citing upbeat policy developments and pricing potential. Dumoulin-Smith raised his rating to neutral from underperform, and boosted his stock price target by 66%, to $104.50 from $63.00. The upgrade follows the surprise agreement among Democrats on the Inflation Reduction Act (IRA), which earmarks $369 billion on energy and climate change initiatives. The stock has rocketed 30.9% since the agreement has been announced. Meanwhile, Domulin-Smith said there is still policy risk, as First Solar's profitability is predicated on "continued protectionist policy" which includes the Uyghur Forced Labor Participation Act (UFLPA) signed into law in December 2021, which prohibits importation of cheaper goods from China made with forced labor. "While IRA implies significant NT earnings uplift, we are Neutral on share of FSLR as policy uncertainty implies both elevated upside and downside risks," Domoulin-Smith wrote in a note to clients. First Solar's stock has run up 37.6% over the past three months while the S&P 500 has slipped 0.7%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

August 01, 2022 13:48 ET (17:48 GMT)

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