Adidas is trading at €163.65, up 4.1%, as the stock extends its multi-day rebound amid a broader lift in European equities and improving global risk appetite.
- The move aligns with a positive open for European markets and firming U.S. futures, signaling a shift toward risk-on sentiment.
- Easing energy prices, with Brent crude slipping on hopes for Iran peace talks, have provided additional support to the broader market.
- No company-specific announcements or earnings catalysts were identified behind the current price action.