Darren Rovell, an analyst for CNBC (which, like WWE's home on the USA Network, is owned by Comcast) just Tweeted the following about the...thing at the end of Raw announcing that Paul "Triple H" Levesque is replacing Vince McMahon as the man in charge of WWE on-screen and the wrestling end of the company in real life:
If HHH has really taken over for Vince McMahon, WWE's stock is going to plummet tomorrow. Shares already down 31% year to date.
The #1 material risk against WWE stock is Vince McMahon leaving the business. Tonight's plot could be an SEC violation.
True Story: WWE once named me a murder suspect http://t.co/kCMNXZb
As far as the SEC goes, here's the relevant text from WWE's latest 10-K filing:
The unexpected loss of the services of Vincent K. McMahon could adversely affect our ability to create popular characters and creative storylines or could otherwise adversely affect our operating results.
In addition to serving as Chairman of our Board of Directors and Chief Executive Officer, Mr. McMahon leads the creative team that develops the storylines and the characters for our televised programming and live events. Mr. McMahon, from time to time, has also been an important member of our cast of performers. The loss of Mr. McMahon due to unexpected retirement, disability, death or other unexpected termination for any reason could have a material adverse effect on our ability to create popular characters and creative storylines or could otherwise adversely affect our operating results.
As far as the "murder suspect" tweet goes, hit up Rovell's link to see an article about his role in the "Who killed Mr. McMahon?" saga. He also interviewed McMahon a year later.
More on whatever is happening as it develops...