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OTC
123.94000 USD
0.54
0.44%
Last update Apr 28, 3:58 PM EDT
Market closed
Day range
122.60000
124.40000
Previous close
123.40000
Open
124.13000
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Adidas AG Sponsored ADR
123.94
0.54
0.44%

Overview

Description

Adidas AG Sponsored ADR represents ownership in the German multinational corporation Adidas AG, focused on sportswear and accessories. The primary function of this asset is to allow American investors to hold shares in Adidas without directly purchasing shares on a foreign exchange. These ADRs are traded on U.S. exchanges, providing exposure to the performance and growth of Adidas in the global market. Adidas AG is a world-renowned company in the apparel and footwear industry, recognized for its iconic three-stripe design and innovative products catering to professional athletes, sports enthusiasts, and lifestyle consumers. Sponsored ADRs are issued in cooperation with Adidas AG, ensuring compliance with U.S. securities regulations and providing dividends and financial reports in English. Adidas AG's role in the financial markets is significant due to its influence in the athletic and casual wear sectors, its sponsorships with major sports events and figures, and its continuous expansion in digital and sustainable product lines. As a key player in the competitive sportswear landscape, Adidas drives industry trends and consumer preferences globally.

About

CEO
Mr. Bjorn Gulden
Employees
46045
Address
Adi-Dassler-Strasse 1
Herzogenaurach, 91074
Phone
49 91 32 84 0
Instrument type
American depositary receipt
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Country
United States
MIC code
OTCQ
Market closed

Exchange is currently closed
Pre-market opens in 1 hour 39 minutes

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Trading Hours (Monday - Friday):

Pre-market
06:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).