Why World Wrestling Entertainment shares are trading Higher Today

World Wrestling Entertainment WWE shares are trading higher following a Cultaholic rumor suggesting the company is reportedly preparing for a sale.

World Wrestling Entertainment Inc develops and produces television programming, pay-per-view programming, and live wrestling events.

The stock was trading 4.84% higher at $52.50 per share at the time of publication. The stock has a 52-week high of $70.72 and a 52-week low of $35.44.