adidas AG (ADS.F)
- Simply Wall St.
Exploring Undervalued Opportunities On The German Exchange With Discounts Ranging From 33.1% To 43.1%
Amid a mixed performance across major European stock indices, Germany's DAX index recently displayed resilience with a modest rise of 0.40%. This context sets the stage for investors to consider the potential of undervalued stocks within this relatively stable market environment.
- Investing.com
Adidas: RBC expects a strong Q2 thanks to Terrace, Yeezy, and sporting events
Investing.com - The German sportswear manufacturer Adidas (OTC:ADDYY) is expected to report robust results for the second quarter of 2024, supported by solid revenue growth in the Terrace product line, significant sporting events, and the Yeezy brand, according to a preview from RBC Capital Markets.
- Reuters
Nike stock plunges as gloomy sales forecast fans growth concerns
(Reuters) -Nike's stock slumped 20% on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the sportswear giant's efforts to stem market share losses to upstart brands such as On and Hoka. It was the worst day ever for the stock, and the losses wiped out $28.41 billion from the company's market valuation. "Nike is at a point where they want to put out the most conservative guidance they can, such that they're setting the bar low for themselves and hopefully it's a bar they can beat," said Art Hogan, chief market strategist at B Riley Wealth.
