Article claims UFC’s growth is hurting WWE stock

Ken Konarzewski passed this along:

“World Wrestling Grapples With Competitive Threat”

This comes to a shock as both Forbes and other major outlets had predicted WWE to do very well these next coming quarters, as they are still making money in a down market. Their biggest competitor though, the UFC is beating them in nearly every way possible, and the WWE rebranding won’t know its full effects for a while.

http://stocks.investopedia.com/stock-analysis/2011/World-Wrestling-Grapples-With-Competitive-Threat-WWE-LYV-THQ0426.aspx?partner=YahooSA

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