Thursday, April 25, 2024
NewsWWE Stock Takes Off Thanks To Popular Subreddit

WWE Stock Takes Off Thanks To Popular Subreddit

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WWE stockholders are seeing the money pour in as the stock surged to its 52-week high of $70.72 this morning.

The stock is currently up to $65.31 per share as the stock opened at $63.01 per share today, and has stayed above $62.99 since opening. 

The reason for this is due to the r/WallStreetBets subreddit, which was behind the recent headline-making spikes for Gamestop and AMC. A Reddit post from that subreddit made the case for buying WWE stock options.

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