XTRA:ADSLuxury
Is adidas Stock Mispriced After 2024 Slump and Strategy Refocus?
Wondering if adidas at €167.05 is a bargain in disguise or a value trap hiding behind a famous brand? This article is going to unpack what the current share price really implies.
Despite being down 29.4% year to date and 28.6% over the last year, the stock has bounced 1.7% in the past week and 8.5% over the past month. This hints that sentiment around its 35.7% three year gain might be turning again.
Recent headlines have focused on adidas refocusing its brand strategy, pushing performance...