WWE Stock Takes Hit After Vince McMahon Sells Shares, Batista Gets Shiner From Jack Swagger, More
- WWE posted the video above of the Ringside Collectibles WWE Action Figure Showdown featuring the exclusive D-X Shawn Michaels figure vs. the Wolfpac Macho Man figure, with commentary by Corey Graves.
- WWE stock dropped by over 3% in after hours trading to $30.80 / share after WWE Chairman Vince McMahon sold 3.34 million Class A common shares of company stock, worth around $100 million. The SEC filing noted that McMahon "executed the sale primarily to fund a separate entity from the Company, Alpha Entertainment LLC, which Mr. McMahon established to explore investment opportunities across the sports and entertainment landscapes, including professional football."
- We reported in late November that former WWE star Jack Swagger has been training with Batista at Ybor City Jiu-Jitsu Club. Swagger apparently gave Batista a shiner during a training session today, as seen below. Swagger recently announced that he signed with Bellator MMA and told us here at Wrestling Inc. that he hopes to fight for the promotion twice in 2018.
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