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Bowlero Lands SPAC Deal: Reopening, Media And Sports Betting Could Add Upside
Thursday, July 1, 2021 - 10:41am | 806Read More...The largest owner and operator of bowling centers worldwide is going public with a SPAC deal announced Thursday morning. The SPAC Deal: Bowlero announced a SPAC merger with Isos Acquisition Corp (NYSE: ISOS) valuing the company at a pro forma enterprise value of $2.6 billion. A PIPE of $450...
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Stock Market Volume Has Been Subdued Outside Of Meme Stocks Like CLOV And WWE
Thursday, June 10, 2021 - 10:07am | 1534Read More...The debate between whether inflation is temporary (“transitory” in Fedspeak) or here to stay remains open. What’s no longer in debate is that we’ve got it now. Consumer price index data this morning came hotter than expected. The headline reading for May showed a...
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DraftKings Steps Into The Ring With WWE
Monday, March 29, 2021 - 11:13am | 377Read More...One of the leading online sports betting companies is continuing to add to its list of sports league deals with an announcement Monday. What Happened: DraftKings Inc (NASDAQ: DKNG) and World Wrestling Entertainment Inc (NYSE: WWE) entered into an agreement to make the sports betting company...
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WWE Shares Plunge 23% As Company Ousts Co-Presidents, Downgrades Q4 Expectations
Friday, January 31, 2020 - 12:02am | 318Read More...World Wrestling Entertainment's (NYSE: WWE) stock traded remarkably lower in Thursday's after-hours session, as the company announced the departure of its co-presidents. What Happened WWE, a media and entertainment company, announced that co-presidents George Barrios and Michelle...
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Sell-Side Analysts: Take-Two Is Not Playing Games
Thursday, November 8, 2018 - 12:26pm | 682Read More...Take-Two Interactive Software, Inc. (NASDAQ: TTWO) released second-quarter earnings Wednesday that came in above expectations, driven by consumer spending and the increasing popularity of gaming. The Analysts KeyBanc Capital Markets analyst Evan Wingren maintained an Overweight rating...
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Analyst: WWE's Stock Is Worth A Buy Ahead Of WrestleMania Weekend
Friday, April 6, 2018 - 8:13am | 373Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) will host its iconic WrestleMania event this weekend, which prompted KeyBanc to reiterate a bullish stance on the stock. The Analyst KeyBanc Capital Markets' Evan Wingren maintains an Overweight rating on World Wrestling Entertainment's...
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Investors Love WWE's New 'Big 4' Ticket Package Idea
Thursday, November 17, 2016 - 3:19pm | 274Read More...Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) gained more than 2.50 percent on Thursday as investors cheered the company's newest offering to consumers. According to ESPN (Walt Disney Co (NYSE: DIS), WWE introduced a new package where consumers can buy tickets to four different events...
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Dozens Of Retired Wrestlers Are Now Suing WWE
Tuesday, July 19, 2016 - 10:58am | 336Read More...Bloomberg reported late Monday afternoon that dozens of retired wrestlers, including Jimmy "Superfly" Snuka and the lead plaintiff, Joseph "The Road Warrior Animal" Laurinaitis, are suing World Wrestling Entertainment, Inc. (NYSE: WWE). The lawsuit alleges that WWE hid the long-term effects of...
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Brock Lesnar, WWE's Biggest Star, Is Returning To UFC For One Night
Tuesday, June 7, 2016 - 8:58am | 296Read More...Brock Lesnar is an American professional wrestler currently under contract with the World Wrestling Entertainment, Inc. (NYSE: WWE). Lesnar signed with the WWE in 2000 and made his television debut in March 2002. He left the WWE organization in 2004 to try out for the NFL and soon join the New...
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WWE Says 'A SmackDown Shakeup Is About To Completely Reshape' The Company, But What Is It?
Thursday, May 26, 2016 - 10:14am | 215Read More...World Wrestling Entertainment, Inc. (NYSE: WWE) said in a press release on Thursday that a "SmackDown shakeup is about to completely reshape all of WWE." WWE announced that beginning July 19, its weekly "SmackDown" show will move from Thursday to Tuesday nights and air live each week — for...
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Wrestlemania Boosted WWE Network Subscriptions By 20%
Tuesday, May 10, 2016 - 2:59pm | 427Read More...Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) were trading higher by nearly 5 percent on Tuesday after the company reported first quarter results. WWE said it earned $0.18 per share in the first quarter on revenue of $171 million. Wall Street analysts were expecting the company to...
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Could A Dutch Media Tycoon Buy WWE?
Monday, April 4, 2016 - 11:56am | 247Read More...World Wrestling Entertainment, Inc. (NYSE: WWE)'s name has been thrown around as an acquisition target since at least 2014. The company may have a standing bidder on its hands, at least according to a report by the New York Post. The New York Post reported that John de Mol, a Dutch media...
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WWE Competitor Lucha Underground Reportedly Negotiating Netflix Deal
Saturday, March 12, 2016 - 12:38pm | 313Read More...Upstart World Wrestling Entertainment, Inc. (NYSE: WWE) competitor Lucha Underground is reportedly in talks with Netflix, Inc. (NASDAQ: NFLX) to bring at least one season of content to the streaming service. Lucha Underground premiered its first season of professional wrestling programming in...
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WWE Discloses Multi-Year Extension For Video Game Properties With 2K; Shares Higher
Thursday, January 28, 2016 - 2:10pm | 273Read More...Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) were trading higher by more than 2 percent on Thursday after the company confirmed an extension of a partnership with Take-Two Interactive Software, Inc. (NASDAQ: TTWO)'s subsidiary, 2K. A new multi-year exclusive agreement has been...
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WWE Network To Enter Japan; Stock Spikes
Friday, December 11, 2015 - 10:16am | 358Read More...Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) have gained about 30 percent year-to-date. The company on Friday said it will begin offering its streaming service in Japan for $9.99 a month. The expansion to the Japanese market follows earlier moves into other key markets such...














