CORAL GABLES, FL / ACCESSWIRE / January 7, 2019 / Every seasoned athlete knows that every sport, be it basketball or golf, is ultimately a test of cognition. When we watch NBA players like Lebron James hit a game-winning 3-pointer or professional golfers like Tiger Woods putt their way to a PGA trophy, rarely do we consider their mental toughness and ability to perform under stress. Cognitive assessment technology for professional athletic development represents a multi-billion dollar industry that is piping hot with investor opportunities. As athletes recognize a never-before-seen realm of competitive edge over their opponents, one company, in particular, has what it takes to get ahead of the ball and connect. As more athletes see the power of using technology to help them reach the top of their game, XSport Global, Inc. (XSPT), Fitbit Inc (FIT), MINDBODY Inc (MB), and Activision Blizzard Inc (ATVI) are 4 sports tech stocks that could round home plate on Monday.
XSport Global, Inc. (
In late-November 2018, XSport Global, Inc. (
Robert Finigan, CEO of XSport Global, Inc. (
Fitbit Inc (FIT), one of the leading wearables brands, announced at the tail-end of last week that Fitbit users in Sydney, Australia with certain devices, would officially be able to leave their debit cards at home and use FitBit Pay™on their Fitbit device to quickly and easily pay for public transport/other expenses.
Shaun Colligan, Regional Director Australia & New Zealand, Fitbit, said, "We're thrilled that Sydneysiders can now take advantage of Fitbit Pay for their commute, providing users with a quick and easy way to tap on and off to their train, ferry or light rail directly from their Fitbit device. Australians have embraced digital payment technologies with the nation truly leading the global charge to a cashless society. It's important that we can converge these technologies seamlessly, to make life even easier and more convenient."
MINDBODY Inc (MB), a company gaining tread in the health industry for its appointment booking platform, announced in late-December that it had entered into a definitive agreement to be acquired by Vista Equity Partners, a leading investment firm focused on software, dataand technology-enabled business. Under the terms of the agreement, Vista Willa acquires all outstanding shares of MINDBODY common stock for a total value of approximately $1.9 billion. The Company's shareholders will receive $36.50 in cash per share, representing a 68% premium to the unaffected closing price as of December 21, 2018.
MINDBODY's leadership team shared their feelings on the agreement in an official press release:
"MINDBODY's purpose is to help people lead healthier, happier lives by connecting the world to fitness, beautyand wellness," said Rick Stollmeyer, Co-Founder and CEO of MINDBODY. "We are thrilled to provide immediate liquidity to our shareholders at a significant premium to market prices and to leverage Vista's resources and deep expertise to accelerate our growth while achieving that purpose more effectively than ever before."
Activision Blizzard Inc (ATVI) enjoyed an impressive 3.54% to its company shares in mid-afternoon trading on Monday, with shares trading $48.83 per share. The boost could be related to the Company's recent press release which came early last week, saying that the Company plans on releasing its fourth quarter 2018 results after the close of the market on Tuesday, February 12, 2019. In conjunction with this release, the Company will host a conference call that will be broadcast over the internet.
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Pursuant to an agreement between MIDAM VENTURES, LLC an affiliate of JSG COMMUNICATIONS LLC and XSport Global, Inc. we were hired for a period from 11/4/2018 –2/4/2019 to publicly disseminate information about XSport Global, Inc. including on the Website and other media including Facebook and Twitter. We were paid $50,000 ( CASH) for & were paid "0" shares of restricted common shares. We own zero shares of XSport Global, Inc., which we purchased in the open market. We may buy or sell additional shares of XSport Global, Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer.