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08-07-2013, 12:35 AM #1
Stephanie McMahon Cashes Out Nearly $3 Million Of WWE Stock
According to financial documents filed with the SEC, WWE Executive Stephanie McMcMahon-Levesque recently netted almost $2.9 million by cashing out a large portion of her WWE stock.
McMcMahon-Levesque sold 276,055 shares of WWE's Class A Common Stock on the open market since August 1.
It's worth noting that the sale date took place on the same day as WWE's Second Quarter filing, where WWE reported "lousy" results, missed their previous estimates and several financial analysts lowered the outlook of WWE stock moving forward.
08-07-2013, 02:25 AM #2