It appears that the Street Profits are the best thing for WWE profits.
Earlier today, WWE announced that NXT would be coming to USA Network starting next month rather than airing exclusively on the WWE Network. This wound up being a hit with financial analysts as WWE’s stock continued to rise. Yesterday the price per share went up due to rumors of the announcement and it now sits at $74.51. Prior to the rumors, the stock was under $70, and the stock went up $2.61 today, which is nearly 4% up from where it was.
RELATED: Wall Street Analyst Believes WWE Stock Will Climb 49%, Recommends Buying It
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