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.

The Pro Wrestling Boom Podcast with Jason Powell features Kenny Herzog discussing his journalism career, his new Outside Interference podcast, doing a feature story on CM Punk, pro wrestling in the pandemic, WWE talk on Retribution, The Hurt Business, Roman Reigns as a heel, and much more...

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