WWE Stock and deal with Peacock is all leading to a Sale of the WWE ?

 

WWE stock has been on a roller coaster ride for several months after the stock sat for years around #20 per share it rose up with the new contracts with USA and FOX to around $90 a share, Than Covid19 and the company continued to fight through and still iks fighting the Covid 19 pandemic that brought the stock down into the $40 range. 

This week WWE makes another deal with Peacock TV to stream the WWE Network. It also opens a lot of questions about the WWE Universal Network that charges $9.99 per month. The stock for WWE however went up  again with the news closing the last Friday January 29th 2021 at $56.33.  

This is leading to rumors of Comcast buying out the WWE. The largest stock holder of course is the Owner Vince McMahon It is possible Vince McMahon could be ready to sell his empire or is it possible his two children Stephanie and Shane McMahon will take it over.

There was some bad news however in the deal that WWE made with Peacock they managed to eliminate ESPN who decided to ban the WWE from ESPN Network. We will have to wait ans see where this takes the WWE company.

The plan is for Peacock to take over in March 2021 just in time for the biggest event for WWE called Wrestlemania.

The WWE also has announced plans to allow fans back into live events starting in April of 2021.

WWE currently has three shows on major TV two on USA the Monday Night Raw, and NXT on Wednesdays. Also added to Friday nights on Fox was Smackdown.

WWE attracts millions of fans, has many entertainers and superstars on the roster and also makes movies.

Will we see if the WWE wants to sell or if the WWE will stay in the family.