DICK'S Sporting Goods Expands Investment Through DSG Ventures

Published 17 hours agoDKS

DICK'S Sporting Goods Expands Investment Through DSG Ventures

DICK'S Sporting Goods has not made any public moves to invest in Unrivaled Sports, despite a robust history of investments in the sports sector. The company previously launched DSG Ventures, a strategic $50 million fund aimed at supporting innovative firms within the sports industry. Through this venture, DICK'S has previously backed companies like Moolah Kicks, SidelineSwap, and Out&Back Outdoor, according to PR Newswire.

Unrivaled Sports, established by Josh Harris and David Blitzer, operates as a parent company for a variety of youth sports organizations, including Ripken Baseball and Softball Factory. While DICK'S Sporting Goods has engaged with several sports-related ventures, there is no evidence of any financial partnership with Unrivaled Sports at this time.

Meanwhile, DICK'S Sporting Goods, trading under the ticker DKS in the U.S. equity market, is experiencing slight fluctuations. The current stock price stands at $188.075, reflecting a minor dip of $1.70, or about 0.01%, from its prior close. The company's stock opened at the same price of $188.075 with a trading volume so far of 6,955 shares. Throughout the trading day, prices ranged between an intraday high of $189.89 and a low of $187.36.

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