WWE Shares Are Up 23% Since Vince McMahon’s Return—Despite Slide Following Saudi Sale Rumors

WWE Shares Are Up 23% Since Vince McMahon’s Return—Despite Slide Following Saudi Sale Rumors

The stock rose as much as 2.5% in early Wednesday trading following a report about the company’s alleged pending sale to the Saudi Arabian sovereign wealth fund, before paring gains after the rumors turned out to be “100% false.”