WWE’s stock hit an all-time new high on April 6.
At the closing bell on Thursday, WWE’s stock closed at $100.38 a share. This is up from the closing number on Wednesday, which was at $98.99 a share.
At one point during the day, WWE’s stock hit $101.03 per share.
On April 3 WWE and Endeavor (UFC’s parent company) announced an agreement to merge. With the merger, WWE and UFC will form a new publicly traded company.
Endeavor will own 51% and the other 49% will be owned by the WWE Shareholders. The sale and merger is expected to be finalized sometime in the second half of 2023.
Source: Fightful