-

TKO shares go up 10% on Wall Street

TKO shares increased by 10.32% during trading today on Wall Street coming off the historic UFC media rights deal with Paramount Skydance.

Shares opened at $164.21 each but quickly climbed at the start of the day after the announcement was made early in the morning before the market opened.

TKO closed the day trading at $180.14, giving the company a market cap value of $14.8 billion.

UFC’s deal with Paramount amounts to $7.7 billion over seven years with all of UFC’s numbered events plus 30 Fight Nights shows moving to Paramount+.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

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!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Season 7 of Dark Side of the Ring to kick off on July 7 on Vice TV

Variety is reporting that season 7 of Dark Side of the Ring will return on July 7 starting at...

WWE out-performs UFC in revenue for the second quarter in a row

For the second quarter in a row, WWE out-performed UFC when it comes to money, ending the first quarter...

AEW World title match to headline Fairway to Hell Collision this Saturday

An AEW World title match will headline the Fairway to Hell one-hour special of Collision this Saturday. Going head-to-head with...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading