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A Big Hedge Fund Buy Large Stake In WWE

Posted By: Ben Kerin on Aug 12, 2014

A report released by StreetInsider.com reveals that hedge fund company, Eminence Capital opertating out of New York City has taken out a 9.6% stake in the company.

This comes weeks after WWE’s stock price has fallen drastically from around $30 per share to near the $10 mark over the last five months.

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