Sumary of WWE Offers Hard-Hitting Returns With Or Without a Buyout:
- Like AMC Entertainment and GameStop galvanize the Internet, some online investors are buying World Wrestling Entertainment (NYSE:WWE) shares as if it belongs in the same basket..
- Wrestling news site Ringside News reports that the company has been eliminating redundancies in the executive suite by laying off several vice presidents..
- Third, WWE’s move to make WWE Network a part of the Peacock streaming service suggests the wrestling powerhouse realized it couldn’t compete on its own..
- Peacock is owned by Comcast Corporation (NASDAQ:CMCSA) and WWE Network isn’t the only wrestling asset that Comcast is paying for….