Drew Gulak Talks Competing in the CWC, WWE Stock Jumps After China Expansion News Breaks, Benzinga Predicts Big Network Future

drew gulak

Drew Gulak Talks Competing in the CWC

WrestleDelphia has posted a new piece on WWE Cruiserweight Classic competitor Drew Gulak, and the following is what Gulak said on what he hopes he can show the fans:

“I hope they all get a tingling feeling inside and go, “Oh, what was that? I like that,'” Gulak said. “You mean professional wrestling?” “Yeah,” Gulak responded. “That’s what I want.”

WWE Stock and Network News

The Street has published an article covering WWE’s expansion into China and the company stock going up. In somewhat related news, Benzinga has published an aritlce featuring comments from Pacific Crest analyst Evan Wingren stating that WWE is about to turn a major corner due to the Network. Wingren believes that WWE stock will rise 24% in the next year and doubled WWE’s 2017 income estimates from $7 million to approximately $14 million.

“We believe WWE’s model is at an inflection point, and that it is on the cusp of demonstrating profitability that greatly exceeds its historical earnings power,” Wingren stated in a note to clients on Wednesday (h/t to CNBC). “A deep dive into WWE Network’s cost structure suggests greater leverage than we previously thought.”

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