WWE and several other companies have lost a major chunk of their revenue during the last few months, as the COVID-19 pandemic has forced them to change the way they function completely.
However, these might all change soon, as Pfizer, a drug-making company, confirmed that a new vaccine being developed by them has seen a 90% success rate.
This news has sent the stock market into a frenzy, with the wall street heading upwards after the announcement.
WWE’s stock rose by more than eight percent which is in line with DOW’s increase of 1272 points.
If the vaccine is put into a release, WWE could benefit greatly, as the company will feel at ease to allow fans back into the arenas.