Vince McMahon Reportedly Fires Head Writer, WWE Stock Jumps and What is Being Attributed To It

Josh Isenberg

McMahon Fires Writer

Vince McMahonPWTorch.com is reporting that Vince McMahon has fired head writer Jay Gibson. The release happened on Friday, a day after 11 releases were made.

PWInsider.com reported last week that there were no office cuts, so this is the first one of note.

WWE Stock Note

WWE stock jumped .34 cents per share on Monday. This is being attributed to the cuts WWE made on Thursday. WWE will be making more developmental cuts in the near future and the rise in stock is seen as a positive sign.

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