Loop Capital upgrades WWE stock after Vince McMahon steps down
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Loop Capital upgrades WWE stock after Vince McMahon steps down

Yahoo Finance Video

Yahoo Finance Live’s Brian Sozzi discusses Loop Capital upgrading WWE stock after the company announced Vince McMahon’s departure.

Video Transcript

BRIAN SOZZI: All right, one name we are watching here. WWE is getting a boost today with its biggest intraday climb since February after Loop Capital upgraded the stock to buy from hold, citing a greater likelihood of a sale on the back of Vince McMahon's retirement announcement on Friday evening. The company also unveiled new leadership, appointing Stephanie McMahon and Nick Conn as co-chief executive officer, as Triple H will take over creative responsibilities, as long rumored he would.

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