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WWE STOCK SPIKES AFTER BUYOUT RUMOR

By Mike Johnson on 2014-03-13 14:44:18
AMC Network is going to buy WWE?

Whether you believe that is possible or not, the WWE stock spiked upwards earlier today based on that rumor, which began on a British financial blog earlier today.

The rumor saw WWE's stock briefly rise to $31.98 a share before dropping back down to a little over $29.47. The stock opened today at $29.82.

We have reached out to WWE in regard to the rumor, although there is very little probability that it bears any weight.

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