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#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

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

 

Point Roberts, WA and Delta, BC - May 5, 2021 (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 and esports headlines plus recent news from publicly traded companies.

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#PlaybyPlay Podcast Episode 29: Stocks discussed: (NYSE: $DKS) (NasdaqCM: $POWW)

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Play 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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