|Bid||247.60 x 37900|
|Ask||247.70 x 75600|
|Day's Range||246.95 - 259.95|
|52 Week Range||246.95 - 336.25|
|Beta (5Y Monthly)||0.85|
|PE Ratio (TTM)||50.84|
|Earnings Date||Nov 10, 2021|
|Forward Dividend & Yield||3.00 (1.06%)|
|Ex-Dividend Date||May 13, 2021|
|1y Target Est||N/A|
Cryptocurrencies survived one of the largest market shocks since the earliest days of the pandemic last week, with El Salvador a notable dip buyer, while investors decided not to share Adidas' excitement over a foray into the buzzy metaverse. El Salvador's plans to build the world's first "Bitcoin City" https://www.reuters.com/markets/rates-bonds/el-salvador-plans-first-bitcoin-city-backed-by-bitcoin-bonds-2021-11-21 and Adidas's entry were the bright spots for digital assets in a week that saw major cryptocurrencies clobbered by fears over the new coronavirus variant Omicron.
Adidas has become the latest multinational corporation to enter the cryptocurrency space and could be going deeper into the metaverse.
Authentic Brands founder and CEO Jamie Salter says he has big plans for the soon-to-be acquired Reebok.