WWE Stock Update – New Movement Due to Speculation of a Buyout
Posted by Larry Csonka on 07.17.2014
Some WWE stock news…
- According to Seeking Alpha, there has been some interesting movement in regards to the WWE stock. At this time, the stock is up $0.61 (5.13%), and was up over 8% total at one point today. This is due to the fact that the trading volume is up, due to speculation and buyout rumors regarding WWE. The buzz actually started late yesterday after 21st Century Fox made an offer for Time Warner. While the WWE stock has not been extremely impressive, analysts think the initiative could still draw interest from a company on the distribution side of the business.