The latest investor updates on stocks that are trending on Thursday.
Adidas (ADDYY) fell over 9% Wednesday over the shoe brand's weaker-than-expected 2024 guidance. Yahoo Finance Live anchors Julie Hyman and Josh Lipton break down Adidas' operating profit forecast and comments from CEO Bjørn Gulden. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Wyndham Hotels & Resorts (WH) rejects Choice Hotels International's (CHH) $7.8 billion buyout bid. Athleticwear brand Adidas (ADDYY) is raising its guidance for the second time in three months on boosted sales tied to its Yeezy brand, previously affiliated with rapper Kanye West. Lastly, Chesapeake Energy (CHK) is exploring an acquisition of Southwestern Energy (SWN), according to a Reuters report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.