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Play by Play: Justify Wins Kentucky Derby, Lebron Secures Game 3 Win for Cavs, Golovkin Defeats Martirosyan, Sharks and Bruins Eliminated

Stocks Mentioned: (NasdaqGS: $CHDN), (NYSE: $VFC), (NYSE: $FIT), (NYSE: $DKS)

Play by Play – the latest sports headlines and sports stock news

 

Point Roberts, WA and Delta, BC - May 7, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in investor news and research issues today's edition of Play by Play covering what's new in sports headlines and recent news from publicly traded companies in the sector.

Play by Play – the latest sports headlines and sports stock news

Justify Wins Kentucky Derby, Lebron Secures Game 3 Win for Cavs, Golovkin Defeats Martirosyan, Sharks and Bruins Eliminated

Stocks Mentioned: (NasdaqGS:CHDN)

Favourite Justify won the 144th Kentucky Derby on Saturday at Churchill Downs (NasdaqGS:CHDN) in Louisville, Kentucky. Justify started the race strong with just one horse, Promises Fulfilled, ahead. The two were neck and neck until Justify overtook Promises Fulfilled going into the ¾ mile at the far turn, then proceeded to win a 2 ½ -length victory. The Kentucky Derby recap piece sums up the significance of Justify's win:

"Justify became the first horse to win the Kentucky Derby without racing as a 2-year-old since Apollo in 1882. He made his debut Feb. 18 and only one other Derby winner broke his maiden at a later date: Brokers Tip when he won the Derby on May 6, 1933.

He also became the second horse in the past 100 years to win the Derby with only three career starts prior to the race, joining Big Brown in 2008.

Justify gave trainer Bob Baffert his fifth Kentucky Derby victory and jockey Mike Smith his second."

LeBron James secured the game three win for the Cleveland Cavaliers over the Toronto Raptors on Saturday with a running one-handed bank shot at the buzzer. The Raptors are now facing three losses in the series with no wins. The Associated Press reports:

Game 4 is Monday night, and the odds are stacked against the rattled Raptors. Of the 129 teams in NBA history to fall behind 3-0, none has come back to win.

Cinco de Mayo would have given boxing fans more to celebrate if middleweight champion Gennady Golovkin had the rematch with Canelo Alvarez as originally planned; but Triple G did not disappoint. The main event on HBO, not a PPV event, gave fans two rounds of boxing, ending officially at one minute 53 seconds in the second round. The TKO of Vanes Martirosyan by Triple G was reminiscent of Gennadys' previous fights before he entered the ring with the likes of Canelo. Golovkin, with his seek and destroy style, was always a fighter that that gave his fans a knockout that was sometimes vicious and reckless and usually early in the fight. It was that reputation that made it difficult to get an opponent with a big draw name. In his previous fight with Canelo Alvarez that ended with a controversial draw, he fought a more technical fight matching and respecting the skillful style of his opponent but it was a brutal war nonetheless. Golovkin felt he had something to prove to the world of boxing that night and probably he like many boxing fans, thought he won the fight. Now boxing fans will be anticipating perhaps a different boxing event for the rematch with Canelo as the middleweight champ still holds his title and did it his way.

On Sunday both the San Jose Sharks and the Boston Bruins were eliminated from the Stanley Cup playoffs. The Sharks were shut out in their game six matchup against the Las Vegas Golden Knights and the Bruins suffered a 3-1 loss to the Tampa Bay Lightning. Tonight the Pittsburgh Penguins and the Washington Capitals face off, with the Pens leading the series 3-2, and the Winnipeg Jets and the Nashville Predators play their sixth game with the Jets leading 3-2.

V.F. Corp Named in Magazine Best 100, FitBit Introduces New Apps and DICK’S Opens Four New Stores

Stocks Mentioned: (NYSE:VFC), (NYSE:FIT), (NYSE:DKS)

V.F. Corp (NYSE:VFC), a global leader in branded lifestyle apparel and footwear, was named to Corporate Responsibility (CR) Magazine's 100 Best Corporate Citizens list (2018), "which recognizes U.S. public companies with standout environmental, social and governance (ESG) performance."

Fitbit Inc. (NYSE:FIT), the leading global wearables brand, announced today the introduction of new apps and clock faces. According to the press release, the apps and clock faces "will give Fitbit smartwatch users new options to improve wellness and help manage conditions, like diabetes and some types of cancer. Additionally, the apps will give health plans, employers and clinical researchers new opportunities to better support their users outside of a clinical environment, helping lead to positive health outcomes."

DICK'S Sporting Goods (NYSE:DKS) is opening four new stores this month, with grand opening weekend celebrations.

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