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WWE shares were down in after-hours trading Thursday after falling well short of fourth-quarter earnings and revenue forecasts. In Q4, revenue fell 26% from the prior-year quarter to $238.2 million.
The merger closed on September 12, 2023; [38] [33] with Vince McMahon personally owning approximately one-third of the Class A Common Stock of TKO Group Holdings, Inc. [39] The first television show produced under the TKO banner was the September 12 episode of WWE NXT. [40]
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World Wrestling Entertainment (WWE) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes. World Wrestling Entertainment (WWE) Jumps: Stock Rises 6.4% Skip ...
The price of TKO shares is pegged to WWE’s stock price, which has factored in the cutover to the new issue. Vince McMahon, former CEO of WWE, assumes the role of executive chairman of TKO Group.
World Wrestling Entertainment (WWE) stock fell on Wednesday after briefly spiking amid a report that Saudi Arabia’s Public Investment Fund (PIF) fund was buying the company.
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World Wrestling Entertainment (WWE) is an American professional wrestling promotion. It is owned and operated by TKO Group Holdings , a majority-owned subsidiary of Endeavor Group Holdings. [ 10 ] A global integrated media and entertainment company, WWE has also branched out into fields outside of wrestling, including film , football , and ...