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The Globe's stars and dogs for this week: WWE investors served a smackdown

A humorous look at the companies that caught our eye, for better or worse, this week.

World Wrestling Entertainment


  April 11, 2014 close: $20.29 (U.S.)
  down $7.73 or 27.6% over week

Everyone knows that wrestling is fake. Unfortunately, the money investors are losing is real. Shares of World Wrestling Entertainment were drop-kicked in the face after the company revealed that just 667,000 subscribers had signed up for its $9.99 monthly WWE Network streaming service – far fewer than analysts expected. Investors are so mad they want to rip someone’s head off.

Nasdaq composite


  April 11, 2014 close: 3,999.73 points
  down 128 points or 3.1% over week

True or false:

The Nasdaq composite still hasn’t reclaimed the high it reached in March, 2000, before the dot-com boom went bust.

Answer: true.

And if this keeps up, it might never get there: Hammered by selloffs in biotech stocks and so-called momentum plays such as Netflix and TripAdvisor, the index suffered its worst one-day tumble since 2011, leaving it 14 per cent off its record high.

Bed Bath & Beyond

BBBY (Nasdaq)

  April 11, 2014 close: $63.72 (U.S.)
  down $5.50 or 7.9% over week

Talk about a stock that’s circling the drain. Shares of Bed Bath & Beyond plunged after the retailer posted lower fourth-quarter revenue and earnings, citing “disruptive” weather, and issued first-quarter guidance below estimates. With consumers still reluctant to spend and online competition heating up from and others, shareholders are pulling the bedsheets over their heads.



  April 11, 2014 close: $88.54
  up $1.17 or 1.3% over week

Whether you’re looking for a quick snack, a few personal items or an affordably priced wedding gift, Dollarama has a wide selection of items that won’t break the bank. The stock, on the other hand, isn’t exactly cheap: The shares surged to a record after fourth-quarter earnings topped expectations and the retailer hiked its dividend. Investors are loading their baskets with the expensive $3 items.



  April 11, 2014 close: $51.48 (U.S.)
  down $5.67 or 9.9% over week

Herbalife sells a broad range of nutritional supplements and weight-loss products designed to improve people’s health. Right now, however, investors couldn’t be feeling sicker: The shares plummeted 14 per cent on Friday amid reports that the company, which hedge fund manager Bill Ackman has alleged is a pyramid scheme, is being investigated by the FBI and U.S. Department of Justice.

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