DD: $TKO will SKY ROCKET after earnings on Wednesday
Posted: May 07, 2024
- TKO Group Holdings, parent company of WWE and UFC, is a strong earnings play before their earnings call after market close on Wednesday - WWE has been experiencing a resurgence in popularity, with record-breaking attendance and viewership numbers in Q1 - UFC also had a successful quarter, with record-setting events and merchandise sales - The OP expects a massive earnings call on Wednesday and encourages others to join in on the investment opportunity - WWE had a streak of consecutive sold-out television events broken after claiming nine straight sellouts. - WrestleTix noted that there were still 200 tickets available for Monday's RAW event, indicating it was not fully sold out. - Despite this, WWE continues to have strong attendance and revenue thanks to media rights agreements and the WWE Network.
Summarized top reddit comments: - $105c 5/17 is a holding for one user - Expectation of big earnings and continued upward movement - Speculation about McGregor's impact on stock - Positive outlook on WWE's potential based on various factors - Support for OP's DD and decision to invest - Earnings call seen as very bullish - Reference to potential earnings from $115 calls - Positive experience with investment in $105c calls - Confirmation of earnings timing after market close on Wednesday
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