wrestling / News
TKO Stock Price Drops Following WWE Smackdown-USA Network Announcement
September 21, 2023 | Posted by
Image Credit: Endeavor, TKO Group Holdings
As previously reported, WWE Smackdown will move to the USA Network in October 2024 as part of a new five-year deal with NBCUniversal and WWE. This will also include four primetime quarterly specials on NBC.
This news has resulted in a stock price drop for the TKO Group. As of right now, the price is at $86.10 per share. This is a drop of 18.6% ($14.77) from when it opened today at $100.87.
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