Several Top WWE Executives, Including Vince McMahon, Selling Large Amount of WWE Stock Same Week As Q2 Numbers Reveal
It need to be kept in mind that several top WWE Executives offered a fair bit of WWE stock previously today on Monday. This is the same week that WWE will be exposing their Q2 numbers.
Vince McMahon offered 12,627 shares for $7023
George Barrios offered 13,9175 shares for in between $6946 to $7062
Kevin Dunn offered 68,628 shares for $7023
Mark Kowal offered 38,45 shares for $7023
Paul Levesque offered 17,563 shares for $7023
Stephanie McMahon offered 17,681 shares for $7023
Michelle Wilson offered 6,5318 shares for $7023
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In addition to this WWE launched a declaration in concerns to network modifications WWE revealed the following to WWE Network customers:
We are happy to notify you that WWE Network is being upgraded today with a brand-new style, an easier navigation and smarter search tools. In addition, please know of the following:
1) You will require to log in with your e-mail address and password the very first time you utilize the upgraded WWE Network on each streaming gadget.
2) You will NOT require to established a brand-new account. You need to utilize your existing WWE Network e-mail address and password.
3) The upgrade will happen on various gadgets at various times throughout the week. WWE is making these altering and preparing its user interface for it’s brand-new tiered structure which must be presenting earlier than later on.
Zack Reacts: I’m no monetary advisor however what I’m thinking is taking place here is that the top officers understand the numbers for Q2 are going to be GARBAGE and they’re selling them off while still high. When the numbers tank so they can purchase more stock back, they’ll re-buy stock. They’ll likely offer it once again when the numbers increase in October when Smackdown relocations to Fox. Super not expert trading, however, that ‘d be unlawful.