WWE stocks soar to all-time high, trading at over $50

WWE stocks soared to 15% at time of this writing, smashing the 52-week high and all-time record at 51.33. It’s currently trading at just over $50, or $6.60 more than yesterday.

The spike was thanks to The Hollywood Reporter story that NBCUniversal is looking at paying three times the current cost to keep Monday Night Raw on USA Network plus the possibility of WWE getting more money for Smackdown on a different network.

As of now, the company has a market cap of $3.36 billion and Vince McMahon got a pretty hefty bump in his wallet following today’s stock market performance.

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


Important changes to the website starting from today

Starting today, there will be changes moving forward on Wrestling-Online.com due to a legal case initiated against me and...

Logan Paul talks great experience at WrestleMania and getting the Stunner

During the latest IMPAULSIVE podcast, Logan Paul discussed his experience from last weekend at WrestleMania.He mentioned that people were...

Billie Kay issues statement after getting released

Just like her former tag team partner, Billie Kay issued a statement following her release, starting by thanking both...