The big news on Thursday was WWE Co-President’s George Barrios and Michelle Wilson departing from the company. Since the announcement from WWE, the company stock has dropped over 22 percent in after hours trading.
This move comes just a week before WWE reports their fourth quarter earnings, which are expected to be low. The expectation is that WWE Chairman and CEO Vince McMahon, who made the call to release them, will address investors about the move.
Former WWE Champion CM Punk took to Twitter where he joked about the firings. You can see his tweets here: