WWE stocks end day on a high after record year


WWE stocks had a very good day today as Wall Street reacted positively to WWE’s Q4 2016 and year-end results, nearly hitting the 52-week high.

Stocks jumped 8.71% by the time trading closed, ending the day at $21.02 a piece after the company announced a record $729 million in revenue for 2016. WWE also had a record of $189 million in International revenue, an increase of 11%. The total revenue was 17.3% higher year over year, including a 22.7% increase in revenue in North America.