Is Vinnie Mac really stepping down?

[Julius C]

It's a storyline, I read the following article earlier in the day:

Despite some confusion over what's real and fictional regarding Vince McMahon's current standing with WWE, McMahon remains chairman/CEO of the company.

CNBC reporter Darren Rovell confirmed Tuesday afternoon on Twitter: "WWE says that Mr. McMahon was relieved of his duties as Chairman of the Board of Monday Night Raw. He's still WWE chairman & CEO."

Monday night's TV angle, which saw McMahon removed from his on-air authority position as "Chairman of the Board" and replaced by Triple H, hasn't affected investors thus far.

As of mid-day Tuesday, the stock price was trading at $9.81, essentially even with Monday's closing price of $9.85. Also, the volume of shares traded is within the range of a normal trading day.