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Adidas stock drops 2.5% despite positive earnings and analyst buy recommendations.
Adidas received a "Buy" recommendation from ten analysts, with recent upgrades from several firms.
The company reported $1.28 earnings per share, slightly above estimates.
Despite this, Adidas's stock fell 2.5% to $226.12 per share, with a market cap of $36.06 billion.
Analysts predict 2.27 earnings per share for the year, with a $0.24 dividend.
Adidas designs and sells athletic and sports lifestyle products globally.
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Las acciones de Adidas caen un 2.5% a pesar de las ganancias positivas y las recomendaciones de compra de los analistas.