WWE Stock Surges Based On Expected WWE-USA Announcement


WWE’s stock price saw a huge jump today with a 5.16% surge because of the reports that WWE is expected to announce a new TV deal tomorrow with USA Network. TheStreet.com cited Dave Meltzer’s report in the Wrestling Observer newsletter and referenced The Bella Twins tweet from earlier today. The Bella, as noted earlier, are in New York for tomorrow’s NBCU Upfront presentation.

It should be noted that TheStreet.com is saying that a source told them that there is “no update” on the TV deal but that could just mean that they can’t say anything until tomorrow.
You can read the report by clicking here.

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