WWE Stock Hits A 7-Year High, WWE Drops Another $12 Million On HD

— The Wrestling Observer Newsletter reports that WWE recently signed a $12 million deal for more production equipment as part of its TV studio expansion and HD upgrade. They acquired severs, aproduction editing system, productions switchers, and HD router and signal conversion modules.

— WWE stock closed today at $18.81 a share. It peaked earlier in the day at $19.19, the highest the stock has been since February of 2001. The company is now valued at over $1.3 billion.

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