Tag - WWE stocks

WWE stocks go up after $4 billion UFC sale is announced

With the announced sale of the UFC, WWE stocks immediately went up over 2% and are trading at $19.97 a piece at time of this writing. Earlier this morning, the UFC issued a press release announcing that WME | IMG will be acquiring the organization for a reported $4 billion. The Fertitta brothers bought the UFC in 2001 for just $2 million. Once the...

Wall Street investors give WWE some love

Despite the not-so-great financial results today, Wall Street was feeling some love for WWE as stocks hit a 52-week high of $13.14 and then eventually closing the day at $12.95. The $12.95 closing represented a 9.38% – or $1.11 – increase over yesterday’s closing which was $11.84.

WWE stocks surge after analyst lifts rating and price target

WWE stock is enjoying a new surge after analyst Richard Ingrassia of Roth Capital Partners lifted his rating from Neutral to Buy and price target saying there appears to be increasing fan interest. Ingrassia said that pay-per-view buy rates for non-WrestleMania events increased 37 percent in the second quarter, the first meaningful improvement in...