Hedge Fund Buys Hefty Stake in WWE
Posted by Jeremy Thomas on 08.12.2014
- StreetInsider.com reports that Eminence Capital, a hedge fund based out of New York City, has purchased a 9.6% passive stake in WWE. The move follows Balyasny Asset Management increasing their stake in the company last week to a total of 5.26%.
WWE's stock finished at $13.7 on Monday, down $0.05 (0.36%).