WWE stock is getting sold at a rapid rate. Triple H sold over $1 million worth of company shares last week. Now his wife is doing the same.
Recent SEC filings show that Stephanie McMahon sold over $1 million worth of shares of her father Vince McMahon’s company. The Billion Dollar Princess sold 23,255 shares of Class A Common Stock at $44.29 each. In the end, Stephanie McMahon pocketed 1,029,963.95.
Stephanie McMahon still owns 144,952 shares of WWE stock, so she’s still got a lot of selling left before she’s out completely. People buy and sell stock all the time, but things are especially interesting due to the current situation.
Why do you think so much WWE stock is being sold off? Will it go back up or fall further? Sound off in the comments below!