Why Endeavor Group Stock Jumped Today
Shares of Endeavor Group (NYSE: EDR) were soaring on reports that private equity group Silver Lake was angling to buy the Hollywood talent agency.
As of 12:34 p.m. ET, the stock was up 23.1% on the news.
Silver Lake is planning to make a bid for Endeavor, the massive talent agency run by Ari Emanuel, who was made famous in the HBO series Entourage. Endeavor owns a number of subsidiaries and is the majority owner of TKO Group, the parent of UFC and WWE.
Source Fool.com
World Wrestling Entertainment Inc. Stock
€93.70
2.620%
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With a target price of 114 € there is a positive potential of 21.66% for World Wrestling Entertainment Inc. compared to the current price of 93.7 €.
