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.
Kevin Dunn also unloaded a ton of stock recently and made over $1,500,000 in one day.
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!