I’ll Buy That: WWE Employees Barred From Trading Stock Due To Vince McMahon’s Retirement
There’s a new rule. Over the last few weeks, WWE has been shaken up in ways that it never has been before. The main change has been due to Vince McMahon retiring from the company, which has certainly changed the way the company works. There are going to be ripple effects, and now we know how the departure has directly impacted the company’s employees.
According to Wrestlenomics’ Brandon Thurston and independently confirmed by PWInsider.com, WWE employees are banned from buying or selling shares of stock in the company until further notice. There is no word on why the company decided to make the change. WWE employees occasionally receive stock as part of their compensation, and it is not clear if that practice is suspended as well.
Opinion: That’s a bit of a weird one, but there is always the chance that this is designed to avoid the risk of any sort of insider trading issues. With the company being all over the place at the moment, it might make sense to cut off one potential headach..