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WWE Stock ONCE AGAIN Reaches New Record

Posted By: Thomas Lowson on May 22, 2018

WWE Stock ONCE AGAIN Reaches New Record

Stock in the WWE has once again broken its own record, now for the third time this month. 

The company's stock leapt to $59.91 earlier today, with the previous record set a few days ago being $51.60.

Since last month, stock in the company has jumped nearly $20 per share, one of the largest jumps in company history.

This jump is more-than-likely due to the deal between WWE and FOX, after it was announced that the broadcaster had bought the rights to SmackDown Live.

It has been reported that the deal will bring WWE over $1billion over the next five years.

 

Source: New York Stock Exchange
Tags: #wwe

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