Friday, June 21, 2024
NewsTKO Group Holdings Stock Launches At Over $100 On New York Stock...

TKO Group Holdings Stock Launches At Over $100 On New York Stock Exchange

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Stock in TKO Group Holdings is selling at over $100 per share shortly after the official launch of the company earlier today.

With an estimated net worth of $21.3 billion, TKO consists of the UFC, which Endeavor purchased in 2016, and WWE, whose acquisition was finalized this week.

On WWE’s final day of trading, stock in the company closed at $100.65 per share. As of now, TKO stock stands at $102.25 a share.

A full statement about the launch of TKO Group Holdings, including comments by Vince McMahon and Endeavor CEO Ari Emanuel, can be found here.

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