WWE stock soars following Smackdown television reports

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

WWE stock finished the day at $57.86 after opening the day at $51.80.

Powell’s POV: The stock price increased last week due to reports of the next Raw television deal being worth nearly three times as much as the company is being paid by NBCU. The increase today can obviously be attributed to the reports of the company being paid over $1 billion over five years for Smackdown television rights.

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