WWE Stock Today Hits 52-Week High

Is WWE stock heading straight to the moon, ala Gamestop?

Vince McMahon Money
WWE.com

Earlier this morning, WWE stock hit a 52-week high figure of $70.02 per share.

Seemingly due to interest from the r/WallStreetBets subreddit – which previously played a huge part in the stunning spikes in Gamestop (straight to the moon!) and AMC shares – WWE stock opened today at $63.01 per share, hit that $70.92 high, and has stayed at above $62.99 for the rest of the day as it stands.

What does all of this mean? It means today’s a good day to have already had some WWE stock in your back pocket.

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As pointed out by Brandon Thurston of the brilliant Wrestlenomics, these stock price changes at one point meant that Vince McMahon’s WWE stock was almost $300 million more valuable today than it was yesterday. For those wondering, McMahon as a cool 29 million shares in the company.

More interestingly, it'll be fascinating to see how WWE stock fares over the coming days and weeks as a result of today's movements - and likewise, whether WWE shares will follow Gamestop and AMC in becoming the must-have hot ticket for those who linker to tinker in the stockmarket.

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Chatterer of stuff, writer of this, host of that, Wrexham AFC fan.