Adidas' post Q2 correction was overdone, positioning shares 'ripe for a rebound' -- Jefferies

2 days ago 1
The retail shop of Adidas in London.

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Since a peak in February, Adidas (OTCQX:ADDYY) (OTCQX:ADDDF) shares have lost more than 30% in value amid concerns surrounding the company’s over-reliance on its maturing Terrace shoe and Nike (NKE) resurgence.

Jefferies’ research team led by James Grzinic thinks investors’ concerns over

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