#PlaybyPlay
#Podcast Episode 29: #Stocks discussed: (NYSE: $DKS) (NasdaqCM: $POWW)
DICK’S Opening Four New Stores and AMMO
Closes Acquisition of GunBroker.com
Man City Heading to Istanbul for UEFA
Final, and IPL is Suspended Due to COVID-19
Point Roberts, WA, Delta BC –May 5, 2021 -
Investorideas.com, a leader in investor news and research issues today’s
edition of Play by Play covering what’s new in sports and esports
headlines plus recent news from publicly traded companies..
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by Play – the latest sports headlines, esports and sports stock news
DICK’S Sporting
Goods (NYSE:DKS) has announced the grand opening of four new stores
in four different states. Specifically this will include one DICK'S Sporting
Goods location, one Warehouse Sale location and two locations of the company’s
new off-price store concept called Going,
Going, Gone! With these openings – all scheduled for this month
– DICK'S will have 731 DICK'S Sporting Goods stores nationwide in 47
states.
AMMO, Inc. (NasdaqCM:POWW) has announced the successful closing of its
previously-announced acquisition of the GunBroker.com business, described in
the press release as “the world’s largest on-line auction marketplace dedicated
to firearms, hunting, shooting and related products.” Fred Wagenhals, AMMO’s
Chairman and CEO, commented:
“We couldn’t be more excited about bringing the
GunBroker.com team into the AMMO family. Everyone worked hard to make this
happen - and we will now set about to further expand the GunBroker.com brand as
we leverage the amazing IT platform Steve Urvan and his team developed to bring
AMMO products and a host of other products and merchandise to the vibrant
GunBroker.com marketplace. The AMMO management team viewed the Transaction as
accretive to our shareholders when we announced the letter of intent. With the
Transaction successfully closed, our team has reached another vertical integration
milestone for the Company, representing an opportunity to diversify our revenue
base with high profit-margin business offered through a premier brand deploying
best-in-class secure transactional technology.”
Man
City Heading to Istanbul for UEFA Final, and IPL is Suspended Due to COVID-19
ESPN reports that Manchester City is heading
to the Champions League final after defeating Paris Saint Germain 2-0 in a
semifinal second leg match yesterday. This is Man City’s seventh consecutive
win in the competition, which is a record for an English team. Next, City is up
against either Real Madrid or Chelsea for the final in Istanbul. This comes 12
years after losing out on the chance to play at the Ataturk Stadium in the
2008-09 UEFA Cup final.
Due to a
significant rise in cases of COVID-19 among players, the Indian Premier League
(IPL) – the most attended cricket league in the world – has been suspended,
according to the BBC. Excerpts from an official IPL statement
on the subject read:
"The BCCI (Board of Control for Cricket in India)
does not want to compromise on the safety of the players, support staff and the
other participants involved in organising the IPL.”
"This decision was taken keeping the safety,
health and wellbeing of all the stakeholders in mind.”
"These are difficult times, especially in India
and while we have tried to bring in some positivity and cheer, however, it is
imperative that the tournament is now suspended and everyone goes back to their
families and loved ones in these trying times.”
"The BCCI will do everything in its powers to
arrange for the secure and safe passage of all the participants in IPL
2021."
Sam Mowers, Investorideas.com
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