WWE Stock Rises On Report McMahon Is Seeking $9B Sale

Shares of World Wrestling Entertainment rose Friday afternoon after the publication of reports saying Executive Chairman Vince McMahon is looking for some $9 billion in a sale of the company. The stock was recently up nearly 3%. The company’s market cap was around $6.5 billion at Thursday’s close, according to Dow Jones Market Data. Bloomberg [earlier Friday said](https://www.bloomberg.com/news/articles/2023-02-17/vince-mcmahon-is-asking-9-billion-for-his-wrestling-empire) Mr. McMahon was lookin