WWE investors are keeping a close eye on the company’s stock ever since Vince McMahon’s hush money scandal broke out. There was a lot of uncertainty in Stamford, which led to 2.1 million shares of stock being sold just hours before the scandal broke out.
Following this, WWE had put an embargo on purchasing stock until the investigation was concluded. In the end, Vince McMahon retired and the investigation into the matter was almost finished as well.
According to the Wrestling Observer Newsletter, WWE has lifted the embargo on purchasing stock, almost two months after the Vince McMahon scandal broke out and dominated headlines.
The WWE lifted its embargo on purchasing stock. When the Vince McMahon story came out, all employees were told that they were not allowed to buy or sell stock until further notice.
Triple H is now the head of WWE Creative while Stephanie is the CEO of the company. The company is clearly going through a lot of changes right now and it is likely to continue for the foreseeable future.
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