WWE stock opened at $45.30 on Friday morning, a nearly 25% drop from closing time on Thursday evening, following the announcement that Vince McMahon and the WWE board of directors had removed Co-Presidents George Barrios and Michelle Wilson from the company, effective immediately.

By 10:00 AM ET the stock had risen to $49.15 and is currently sitting at $48.29 as of 12:51 PM ET. We’ll keep you updated as things progress throughout the day.

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