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Despite Saudi Sale Rumors, WWE shares are up 23% since Vince McMahon’s return
Despite Saudi Sale Rumors, WWE shares are up 23% since Vince McMahon’s return In the wake of unsubstantiated rumors of Worldwide Wrestling Entertainment(WWE) being sold to a Saudi Arabian sovereign wealth fund, the company’s shares spiked and then slipped Wednesday, even though the company’s market cap has increased nearly $2 billion since the return of its scandal-ridden billionaire boss Vince McMahon.
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