WWE Network Pins Another Audience (India)
World Wrestling Entertainment, Inc. (NYSE: WWE) shares are trading higher by $1.86 at $21.10 in Friday's session.
The Street is applauding the company's expansion into India. After a higher open, it retreated to $19.41 before resuming its rally. So far, it has reached $21.33, before falling back to the $21 area.
The current high coincides with a pair of highs from August 20 ($21.44) and August 21 ($21.34).
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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