WWE and UFC parent’s stock, TKO, rockets after deal to show ‘Raw’ only on Netflix

WWE and UFC parent’s stock, TKO, rockets after deal to show ‘Raw’ only on Netflix

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Shares of TKO Group Holdings Inc. soared toward a record gain Tuesday, after the parent of World Wrestling Entertainment and Ultimate Fighting Championship announced a deal with Netflix Inc. in which WWE’s “Raw” program will be shown exclusively on the streaming service. The deal marks a major…

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