Vince McMahon’s Reported Plan To Sell WWE Causes Stock Price To Rise

Over the past several weeks, there have been rumors that Vince McMahon is planning to return to the WWE ever since the Wall Street Journal article became public which revealed that Vince regretted his decision. The Wall Street Journal has since reported that Vince McMahon is planning on returning to sell the company.

Since the rumors started doing the rounds, WWE’s stock price has experienced massive gains. The news of a possible sale of the company has sent the stock price soaring by 12% in the after-market trading. Coincidentally, Brandon Thurston also noted that Vince McMahon’s retirement also caused the stock price to go up a couple of months ago.

“$WWE stock is up 12% currently in after-market trading. Possibly driven by the notion Vince will come back to sell the company,” tweeted Brandon Thurston of Wrestlenomics.

While there is no official confirmation from WWE or Vince McMahon regarding the company’s sale, we can’t entirely rule it out given everything that’s happened in the last year. We will have to wait and see whether Vince will actually sell his company. Stay tuned to Ringside News as we keep you updated on this story as it develops.

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