WWE stock shares have reached a 52-week high for the second consecutive day.
Since Vince McMahon’s retirement from WWE, the company has seen business improve across the board with television ratings and ticket sales raised in the aftermath.
The WWE stock was watched closely in the days after Vince’s departure, but it looks like the price is still going up now three months later.
Per Brandon Thurston of Wrestlenomics, WWE shares set a 52-week high for the second consecutive day and reached $80 for the first time since May 2019.
The market cap is just under $6 million in theoretical value of all shares.
Following Vince McMahon’s retirement in July, Nick Khan and Stephanie McMahon were named co-CEOs of WWE, while Triple H assumed all creative duties for the main roster.
As previously reported, WWE stock previously reached their highest price following McMahon’s departure in July since 2019.
$WWE shares set a 52-week high for the second consecutive day, reaching $80 for the first time since May 2019.
Market cap (theoretical value of all shares) is just under $6 billion. pic.twitter.com/p4oPdpUrGc
— Brandon Thurston (@BrandonThurston) November 23, 2022
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