WWE’s Next Battle Royale: Investor Fans vs. Shorts

WWE’s Next Battle Royale: Investor Fans vs. Shorts
FILE PHOTO: Rey Mysterio is seen in action against The Miz during the quarter-final match of WWE "Crown Jewel" World Cup 2018 tournament at King Saud University stadium in Riyadh, November 2, 2018. REUTERS/Faisal al Nasser
Reuters
Updated:

A brawl between World Wrestling Entertainment Inc.’s bears and bulls could reach a peak this year as the company renegotiates overseas contracts.

While a large contingent of short sellers have been betting that the stock will fall, WWE’s most ardent Wall Street fans say it will continue to rise even after outperforming the stock market last year and for much of 2019.