Adidas AG Stock Price Fluctuations
Adidas AG, a German sports apparel company, has experienced fluctuations in its stock price in recent days. The company’s shares have been impacted by various market and economic factors, including trade tensions between the US and China.
Market Impact
The following market and economic factors have contributed to the fluctuations in Adidas’ stock price:
- Trade tensions between the US and China
- Global economic growth concerns
Recent Partnerships
Adidas has partnered with New Era Cap to provide official on-field caps for several college baseball teams.
Market Trends
The broader market has been affected by concerns over global economic growth, resulting in a sharp decline in the DAX index.
Price Target Projections
One expert has predicted a price target of 260 euros for Adidas’ stock.