Shares of World Wrestling Entertainment
WWE,
climbed 6% in premarket trade after two wrestling news reporters tweeted that Saudi Arabia’s public investment fund is buying the company, which has not been confirmed by either side. Stephanie McMahon, co-CEO of the sports-entertainment empire and daughter of returning Chairman Vince McMahon, abruptly announced she is leaving late Tuesday, as her father said he planned to sell the company.
First Republic Stock Fights Back as Jamie Dimon Leads Rescue Talks
First Republic Bank stock regained some ground early Tuesday after a report that JPMorgan Chase CEO Jamie Dimon was leading...