WWE is capping off a very successful year with the news that their stock has reached an all-time high for the company.
It reached a high of $145.9.
“This impressive milestone underscores a period of robust performance for the entertainment company, which has seen its stock soar with a staggering 87% return over the past year. The surge to an all-time high reflects investor confidence and a bullish outlook on WWE’s business prospects, with analysts expecting 65% revenue growth this year,” wrote Investing.com.
But, their evaluation also surmised that WWE stock is ” lightly overvalued at current levels” and their advice is to hold on buying actual TKO stock as there are concerns with their recent aqusitions in Professional Bull Riders, On Location and IMG businesses as those purchases are still pending as are the risks involved.
