Adidas Is Beating Nike - News Summed Up

Adidas Is Beating Nike


© 2019 Bloomberg Finance LPAdidas AG is beating Nike Inc. on Wall Street recently, with shares that have gained 21.87%, so far this year, compared to 16.92% for Nike. Adidas shares have also outperformed the overall market, while Nike’s shares have moved in line with the market. While Nike has outperformed Adidas over a three-year period, the company lags behind its competitor over a five years period. KoyfinKoyfinKoyfinKoyfinAt any rate, Adidas has emerged as a serious contender of Nike both on Wall Street and Main Street. Google Search Results Adidas vs NikeCompany Search results Adidas 3.27 trillion Nike 3.78 trillionMeanwhile, equity analysts rave about Nike’s strengths and business strategy.


Source: Forbes April 13, 2019 15:56 UTC



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