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View Full Version : Wall Street is very happy with the WWE & Netflix tag team



LionDen
01-24-2024, 01:46 AM
https://i.imgur.com/1DgIvdC.jpg

The market clearly loved WWE's deal with Netflix to move Raw there next year. TKO (the parent company of WWE) saw its stock close at $89.63. That's up $12.22 per share (+15.79%). In after hours trading, as of 5:30 p.m., the stock was at $92.00, up another $2.37 (+2.64%).

Netflix's stock also rose, closing at $492.19. It was up $6.48 (+1.33%). Then after they reported excellent numbers after the market closed, as of $5:30 p.m. they had risen another $38.54, to $530.73.