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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.
On June 17, 2022, amid allegations of misconduct, Vince McMahon stepped down as the chairman and CEO of WWE, leaving the company to his daughter, Stephanie McMahon, and Nick Khan. In January 2023, Vince stated his intention to return to WWE ahead of media rights negotiations. WWE's media rights with Fox and USA Network were set to expire in ...
On April 7, McMahon entered into a stock sale agreement with TKO, which will purchase 1.85 million of his shares in TKO at a per-share price of $89.01 for an aggregate amount of $165 million, per ...
With the launch of TKO, WWE shares will cease trading on the NYSE; WWE closed up 2.7% Monday, to $100.65/share. The price of TKO shares is pegged to WWE’s stock price, which has factored in the ...
Those holding World Wrestling Entertainment (NYSE:WWE) shares must be pleased that the share price has rebounded 33...
Vince McMahon, the founder of WWE who resigned from the board of TKO Group earlier this year amid sexual assault allegations against him, filed to sell more than $400 million worth of TKO stock ...
In June 2003, the company began paying a dividend on its shares of $0.04 per share. [196] In June 2011, the company cut its dividend from $0.36 to $0.12. [197] In 2014, concerns about the company's viability caused wide fluctuations in its share price. [198]
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 ...