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Sale Rumour/Stock Manipulation

14th January 2023 by Scott Keith
Rants

4 days ago Steven Muehlhausen and the Bodyslam website had it on GOOD AUTHORITY that Vince was selling to PIF and the wrestling community lost its mind. Because of these caught-fire rumours, the WWE stocks instantly jumped, adding tens of millions to the overall value of the WWE in increased share price. Muehlhausen has now deleted his tweet and the news story has been shown to be either substantially or pretty much false.

Muehlhausen had to have been handed the story from someone that he felt comfortable putting out that tweet out with the sale info. It was too big a story to just report idle speculation.

What's the over/under on it being someone close to Vince looking for ways to goose the WWE stock price to get a bigger sale offer?

Yes it's speculation, but anecdotally it doesn't seem that outlandish, considering how Vince bullied his way back into the board and by the sounds, bullying his daughter out.


Stock went way down the morning after though, didn’t it? So teasing a sale offer from the Saudis might not have been a great idea to juice the price.

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