WWE Stock Surges Amid Budget Cuts & WallStreetBets Spotlight

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WWE inventory is up 17% this morning following a trending publish on Reddit’s WallStreetBets subreddit. A thread on the platform has recognized WWE as having potential as a result of return of stay occasions, online game gross sales, latest expertise cuts, and rumors of a possible sale.

Brandon Thurston of Wrestlenomics has been following the creating scenario.

Shortly after the market opened this morning, WWE inventory rose 17%.

The inventory bought up as excessive as 20% however then fell again.

Thurston believes Vince McMahon has made $300 million as we speak: