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  1. Home
  2. / Video

Here's Why Undertaker's Defeat at WrestleMania Makes Sense to the WWE

Belus Capital Advisors' Brian Sozzi explains why Undertaker's stunning defeat at WrestleMania 30 to Brock Lesnar makes financial sense to the WWE.
By BRIAN SOZZI Apr 07, 2014 | 09:59 AM EDT
Stocks quotes in this article: , WWE

In case you missed it, WWE superstar Undertaker was 21-0 heading into WrestleMania 30, a streak that won't be repeated anytime soon. Watching each year to see if the Undertaker would keep the streak alive was why viewers plunked down $60 to Pay-Per-View. Now, he is 21-1 after a stunning defeat to new champion Brock Lesnar, which may be the beginning of a new story line as WWE Network looks to secure new TV deals. Brian Sozzi explains why Undertaker's defeat makes financial sense to the WWE.

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At the time of publication, Sozzi was long XXX, although positions may change at any time.

 

At the time of publication, Sozzi held no position in the stocks mentioned.

 

Brian Sozzi is the CEO and Chief Equities Strategist of Belus Capital Advisors. He is responsible for developing and managing an equities portfolio of mid- and large-cap positions, in addition to leading the firm's digital content initiatives. He is also a personal finance columnist for Men's Health magazine.
TAGS: Investing | Video | Media | Entertainment |

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