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WWE soars on report of lucrative new TV deals

The WWE body slammed naysayers on Thursday.

WWE's stock surged nearly 15% to a new all-time high on a report that the company may soon sign lucrative new TV deals for its '"Raw" and "Smackdown" shows.

NBCUniversal currently airs both shows on its USA Network. NBCUniversal wants to renew "Raw" once the contract to air it expires later this year, but it will not renew "Smackdown," according to a story in "The Hollywood Reporter."

Fox is rumored to be interested in bidding for "Sm

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