WWE stock soars following TV rights report

By Jason Powell, Prowrestling.net Editor (@prowrestlingnet)

WWE stock soared to a peak of $51.33 on Thursday after closing at $43.59 on Wednesday night.

Powell’s POV: The price is down to $49.86 as of this update at 11:16 CT. The overall increase is clearly due to Hollywood Reporter’s story that Raw will nearly triple its television deal with NBCU, which WWE has yet to confirm more deny.

Update: The stock closed Thursday at $50.31.

The Best of The Boom features Jim Ross joining Jason Powell in this May 9, 2018 discussion regarding his relationship with Vince McMahon, why Vince sticks with Roman Reigns, how Triple H has changed over the years, and more. New episodes of the Boom are typically available mid-week...

Be the first to comment

Leave a comment

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.