Vince McMahon’s return to WWE as the Executive Chairman made it evident that he planned on taking over the company again. That is exactly what happened and in just the span of three months, McMahon managed to sell the company after discussing with numerous potential buyers. It has been several months since then and it appears WWE’s stock has soared to an all-time high.
WWE has gone through numerous changes in the past year, especially after Triple H took over the Creative aspect of the company. With it, the company has seen record-breaking numbers for their Premium Live Events.
This has been the case for the past year, as each and every event has brought in more money than ever before. As pointed out by Brandon Thurston on Twitter, WWE’s stock soared to an all-time high of $112.22 at one point in time.
$WWE shares are hitting a new all-time high today.
Went as high as $112.22.
Naturally, this is a massive deal considering WWE became a publicly traded company on October 19, 1999 and started off with just $17 per share. To add to that, WWE has reached an unprecedented peak as they have managed to sell more merchandise now than in any period of the company’s history.
Are you surprised by WWE’s stock rising? Do you think the company will see even more growth? Sound off in the comments!