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Stock impact report

Former Democrat presidential candidate criticizes WWE parent company over WrestleMania 42 [FOX News]

TKO Group Holdings, Inc. Class A (TKO) 
Company Research Source: FOX News
Andrew Yang , a former Democrat presidential candidate and an American entrepreneur, took a swipe at TKO Group Holdings on Sunday over WrestleMania 42. Yang was critical of TKO's handling of the Las Vegas event, which took place last week at Allegiant Stadium for the second straight year and needled the company over the recent wave of WWE departures. TKO Group is the parent company of WWE. "It seems that TKO has really screwed up WWE/Wrestlemania with ads and celebs and getting away from the heart of pro wrestling - and talented performers are paying the price," he wrote on X. Several WWE superstars announced they were leaving the company during the week. The wrestlers were either cut outright or their contracts were not renewed by WWE. Yang echoed concerns from pro wrestling fans, who seemingly took issue with the number of advertisements during the show. Regardless of any criticism, WWE said it still put together one of the highest-grossing events in the company's history Show less Read more
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