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home / news releases / ADDDF - adidas: The Recovery Is Here


ADDDF - adidas: The Recovery Is Here

adidas (ADDYY) (ADDDF) has been severely hit by the pandemic, as its sales have declined by double-digit percentages in the first half of the year. Nevertheless, the company's stock has rebounded from its 52-week low in March, and it currently trades close to its all-time high. The good thing is that most of its stores have been reopened across the globe, and with the help of the German government, which provided adidas with additional liquidity, the company will be able to weather the pandemic well. As adidas expects to make €600 million to €700 million

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Stock Information

Company Name: Adidas AG
Stock Symbol: ADDDF
Market: OTC
Website: adidas-group.com

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