15 04, 2024

Adidas Gains 5% on Double Upgrade and Pro Partnerships, But Is it Really Time to Buy ADDYY?

By |2024-04-15T17:57:05+00:00April 15th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , |

Adidas (ADDYY) is running in the right direction Monday morning after getting a double upgrade from Morgan Stanley analysts. A team led by Edouard Aubin moved their position from underweight up two notches to overweight, taking a bullish stance on the athleticwear and shoe brand. This comes after Aubin and his team noted an [...]

13 03, 2024

Adidas Faces First Loss in 30 Years, But Long-Term Prospects are Upbeat: 3 Things For Investors to See

By |2024-03-13T17:10:40+00:00March 13th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Adidas (ADDYY) has been struggling to regain its footing since falling out with rap and fashion icon Kanye West back in 2022. This finally caught up to the German sportswear giant as it took on its first loss since 1992 amidst high-inventory levels weighing down sales. The company reported a net loss of 58 [...]

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