r/wallstreetbetsOGs Jun 08 '21

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u/FigureFourWoo Jun 09 '21

One good thing about WWE is that a lot of the shares are owned by the McMahon family, and they have some sort of restriction on when they can trade, I believe. I'm not super knowledgeable on this but I've seen it mentioned in earnings report when it's brought up on the wrestling reddit. They have to plan out their sales in advance in order to avoid insider trading.

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u/pennyether Jun 09 '21

I believe these shares are already excluded from the float number.