By Jason Powell, ProWrestling.net Editor (@prowrestlingnet)
TKO stock opened the day at $96.16 per share. As of 11:43 a.m. CT, the price has dropped to $88.49 per share.
Powell’s POV: The stock hit seems to be in reaction to WWE announcing its new Smackdown television deal with USA Network. Despite reports of WWE gaining a 40 percent increase over its current deal with Fox, apparently the now former shareholders were not happy with the deal.