Kim Opiatowski

WWE stock suffers steep fall in wake of The Undertaker’s defeat

WWEStock in World Wrestling Entertainment (WWE) suffered a fall of more than 14 per cent its market value on Monday, after The Undertaker's 21-match winning streak came to an end.

Former UFC champion Brock Lesnar defected The Undertaker during a match at WrestleMania XXX in New Orleans on Sunday night. It was the first time in The Undertaker's career that a rival managed to defeat him.

WWE shares slipped $4.12 or 14.3 per cent to $23.90 in trading on Monday. At one point, the stock slipped to as low as 22 per cent.

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