The stock worth for WWE stock on Wall Street hit a company all-time high on Thursday morning at $51.20 per share. This is the very best the stock worth has been for WWE for the reason that company grew to become public again in 1999.
Chris Harrington (@MookieGhana on Twitter) posted the next about WWE’s stock hitting their all-time high on Thursday morning.
Wow – $WWE above $50/share. I don't assume I believed I'd see the day!
There's a lot of parallels between this newest spherical of TV rights negotiations and the rumors that had been swirling in 2014. I do assume they'll fare a lot higher as a result of they realized a lot of classes final time. pic.twitter.com/GlSLc0ZgCW
— Chris Harrington (@mookieghana) May 17, 2018
This all stems from a report that broke on Wednesday night time by The Hollywood Reporter that NBC Universal would retain the rights to WWE RAW for triple the quantity of their earlier deal, whereas not retaining Smackdown and letting the present be obtainable to bid on by different networks.
WWE’s stock hitting their all-time high has since been picked up by quite a few mainstream media retailers on Thursday, together with CNBC.
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