TKO Holdings (NYSE:TKO) stock slipped by 5% on Friday, erasing some of the gains made during the week as investors shifted their focus on Sunday night's White House UFC match.

It retreated to $203, down by over 6% from its highest point this month.

TKO Stock Rose Slipped Ahead of UFC White House Matches TKO Holdings stock has been in a steady uptrend over the past few weeks as investors position themselves ahead of the upcoming UFC event on the White House South Lawn.

It then pulled back by almost 5% on Friday.

This is a major spectacle that will lead to more brand visibility for UFC, whose CEO, Dana White, was a top Trump donor.