WWE is going to have a big announcement tonight. If you want to know what that will be, you can click here for the big spoiler. Wall Street obviously likes this rumor a lot too.
Due to the fact that WWE is probably going to announce that NXT is coming to the USA Network tonight, their stocks have surged. Dave Meltzer noted that they were up $2.57 per share this morning which is a very substantial price hike.
Seeing things like this makes us wonder how WWE Co-President Michelle Wilson feels after she unloaded 80% of her WWE stock just last week. As of this writing, the stocks are up even more to $72.46 with a $2.85 increase.
Let’s just see where WWE stocks level off after the big announcement tonight. Things could get very interesting because investors tend to make a lot of profit during times of war.