WWE Stock Hits All-Time High

WWE Vince McMahon Money

WWE is in a period of relative uncertainty as the impending takeover by Endeavor inches ever nearer but there’s plenty for those in the company to be celebrating as the stock price hits an all-time high.

Following WrestleMania 39, Endeavor announced they were going to take over WWE and merge Vince McMahon’s promotion into a new company alongside UFC. The TKO Group is the name of the company that will oversee both brands and Vince McMahon will act as that company’s Executive Chairman when the deal is finalized.

Brandon Thurston of Wrestlenomics reported that WWE’s share price on the 11th of July topped out at a new record high of $112.22:

$WWE shares are hitting a new all-time high today. Went as high as $112.22.”

It’s not just in the stock market that the company has been finding success as a recent SmackDown quarter averaged over 3 million viewers, the highest quarter achieved in the ratings by the company in years.

That success came down to The Trial of Roman Reigns which saw The Usos try and hold the man they once called Tribal Chief to account after Jey Uso pinned Reigns at Money In The Bank. The WWE Universal Champion would not be broken by his cousins, however, as he and Solo Sikoa launched a vicious attack.

With Jimmy Uso sent to the hospital as a result, it was left to Jey Uso to return later in the night to issue a challenge to Roman Reigns.