The LA Times reports that Triller is being purchased by a Hong Kong financial services company. The agreement must be approved by the boards and must go through regulatory approval. Once the deal goes through Triller will be a subsidiary of AGBA Group Holding Ltd. The company’s presence in Los Angeles, which has 200 employees, […]
financial
UFC 300 Payout Perspective
Welcome to another episode of Payout Perspective. This time we take a look at UFC 300 at the T-Mobile Arena in Las Vegas, Nevada. Pereira KOs Hill Alex Pereira cemented himself as the king of the Light Heavyweight Division. The former Middleweight champ showed that the added weight has helped with his destructive KO power. […]
Vince McMahon sells more stock
Vince McMahon sells 25% of stock holdings in TKO
In an SEC Filing on Monday, Vince McMahon sold 5,350,000 shares in his possession. The share value at the time of the sale was $411,950,000. The form 144 is a notice required by the SEC prior to the sale. TKO stock was selling around $81 per share as of Monday night. According to Forbes, McMahon […]
Concerned over antitrust lawsuits, TKO Group stock gets ‘market perform’ rating
Since opening on Wall Street TKO Group Holdings, Inc. has been ascending based on the profits of the UFC and WWE. However, an investment bank, TD Cowen, has given the stock a “market perform” recommendation. Market perform is a neutral assessment that does not imply a strong recommendation to buy or sell. This is in […]