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TKO shares hit all-time high of $194

TKO shares hit an all-time high today, trading at $194.76 just before midday and closed the trading week at $190.98, which is 30 cents down from yesterday’s all-time high close.

The uptick in trading was thanks to two successful television deals between WWE and ESPN and more importantly, UFC with Paramount Skydance. TKO is pocketing $1.6 billion over five years for the WWE 10 yearly premium live events and another $7.7 billion for the UFC shows over seven years.

The closing gave the overall company a market cap of $37.93 billion and stocks are up 34% from the start of the year.


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Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

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