Visit the full analysis for the latest explanation of Tko Group Holdings Inc.'s stock movement.
TKO Group Holdings owns and operates UFC and WWE, two of the world's largest combat sports and professional wrestling entertainment properties. The company generates revenue through media rights deals, live events, sponsorships, and licensing. Today's decline came without an identifiable catalyst, though a valuation analysis published the same day flagged the stock as potentially overvalued relative to its projected cash flows.