Jonathan Pryce and Imelda Staunton are Prince Philip and Elizabeth II in the Netflix show that tackles Her Majesty’s ‘annus horribilis’ Read More...
Motley Fool
Why Adidas Stock Skyrocketed Today
Shares of Adidas (OTC: ADDYY) soared on news that the sportswear giant is in talks to make a Puma executive its next CEO, giving investors new hope for a turnaround. Confirming media reports, Adidas said that is in talks to make outgoing Puma CEO Bjorn Gulden its next chief executive. The company had said in August that current CEO Kasper Rorsted would step down next year, ahead of the 2026 end of his contract, coming as Adidas has struggled, faced weak sales, controversy over its relationship with Kanye West, and poor performance in China.
