TwinsTalkStocks, 8 year old twins Ashay Jorel & Devin Kalel, talk March Madness.
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It’s March Madness and St.Patrick’s Day. Most brackets have been busted already because luck was on the side of Baylor & Yale.
Maybe the players on Yale & Baylor had 4 leaf clovers in their shoes while they were pulling off their shocking upsets.
Speaking of shoes, Baylor players were Nike (NIK) and Yale players wear Under Armour (UA).
Nike dominates the NCAA Tourney as 43 schools wear its gear. Nike announced yesterday that their new HyperAdapt 1.0 shoes will be available for the holiday season. They are self-tying shoes!
Adidas has 15 teams wearing their gear.
Under Armour has 10 schools outfitted with their brand. Yesterday they approved class C non-voting shares. It has the same effect as a 2-for-1 split, but ensures that Founder & CEO Kevin Plank maintains control of his company.
3 schools wear Russell Athletic, which is owned by Warren Buffett’s Berkshire Hathaway. (BRK.A) (BRK.B)
Other winners from March Madness look to be restaurants which show the games on TV, such as Dave & Busters (PLAY) and Buffalo Wild Wings (BWLD).
We’ve profiled Dave & Busters, Buffalo Wild Wings & Berkshire Hathaway in previous videos, so be sure to check them out.
Happy St. Patrick’s Day!