WWE stock closed out the month of August on a high-note, peaking at $8.96 per share on Friday. It was the highest point since May, which was also the last time WWE hit $9-per share.
WWE's closing price on Friday was $8.88 per share, up 4.1 percent from Thursday's close of $8.53 per share. The surge was set up on Thursday when a stock analyst upgraded WWE stock from "Neutral" to "Buy." Financial news outlets picked up the story, which reached potential investors Thursday online and Friday in print.