WWE Stock Symbol Explained for Investors

The WWE stock symbol is a vital piece of information for investors looking to get involved with the company. The symbol is WWES, which stands for World Wrestling Entertainment Series.

WWES is a class of stock that represents ownership in the company. It's a way for investors to buy and sell shares in WWE.

The stock is listed on the New York Stock Exchange (NYSE), making it easily accessible to investors.

WWE has made several strategic investments over the years, expanding its reach and diversifying its revenue streams.

One notable investment is in Tout, a social media 15-second video service, where WWE invested $5,000,000 in 2012 and entered into a two-year partnership.

WWE has also invested in various interactive live events, including Marvel Experience, which features Marvel characters appearing in an immersive experience.

The company has also invested in Phunware, a business that creates mobile apps, which WWE uses for their own app.

FloSports, an over-the-top sport streaming service, has received two investments from WWE, first in 2016 and again in 2019. The service offers a wide range of sports, including amateur wrestling, professional wrestling, and mixed martial arts.

Avid Technology, a technology and multimedia company, was invested in by WWE in 2016, specializing in audio and video editing systems.

In 2017, WWE invested in Drone Racing League, a league featuring remote-controlled lightweight aircraft races.

Additionally, WWE has invested in Cloud9, an esports organization that competes in various video games, including Rocket League.

WWE's investments also include DraftKings, their fantasy sports partner.

More recent investments include Rad, a company with a streaming platform focusing on non-fungible token technology, and Jomboy Media, a multimedia company producing a baseball show.

Lastly, WWE has invested in the Premier Lacrosse League, a professional lacrosse league in the United States and Canada.

WWE went public on October 19, 1999, with an initial public offering valued at $172.5 million. This marked a significant milestone for the company, allowing it to raise capital and expand its operations.

The company has traded on the New York Stock Exchange (NYSE) under the ticker symbol WWE since its IPO. In June 2003, WWE began paying a dividend on its shares, which was later cut in June 2011 from $0.36 to $0.12.

In September 2023, WWE formed a new publicly traded company, TKO Group Holdings, Inc., with Endeavor Group Holdings holding a 51% stake and WWE's shareholders holding a 49% stake. This deal valued WWE at $9.1 billion and marked the first time the company was not majority-controlled by the McMahon family.

Investing in World Wrestling Entertainment, Inc. - Class A stock is a good bet. The long-term earning potential is a plus 14.12% in one year.

The current stock price is 84.610 USD today, and it's predicted to go up. This means you could see a significant return on your investment.

You can expect the stock price to rise from 84.610 USD to 96.556 USD in one year. This is a substantial increase, making it a promising investment opportunity.

WWE went public on October 19, 1999, with an initial public offering valued at $172.5 million. The company traded on the NYSE under the ticker symbol WWE.

The company has a history of marketing itself to investors through presentations at conferences and other initiatives. In June 2003, WWE began paying a dividend of $0.04 per share.

WWE cut its dividend from $0.36 to $0.12 in June 2011. The company's share price fluctuated widely in 2014 due to concerns about its viability.

In September 2023, WWE formed a new publicly traded company called TKO Group Holdings, Inc. with Endeavor Group Holdings. The new entity went public on September 12, 2023, and is listed on the NYSE under the symbol "TKO".

Here's a breakdown of the ownership structure of TKO Group Holdings:

This marked the first time that WWE was not majority-controlled by members of the McMahon family.