|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||173.28 - 174.80|
|52-week range||93.40 - 188.58|
|Beta (5Y monthly)||1.16|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
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.
Advertisers are hopping on the growing popularity of women's soccer as the 2023 FIFA Women's World Cup sets viewership records for the sport. Yahoo Finance Reporter Brooke DiPalma takes a look at the marketing campaigns organized by leading global brands, such as Nike (NKE), Adidas (ADDYY), and Coca-Cola (KO). As pay disparity remains a major issue in women's professional sports, DiPalma compares the differences in broadcasting deals between the National Women's Soccer League (NWSL) and Major League Soccer (MLS).
There is still a lot of demand for Yeezy shoes. As a result, Adidas announced they are taking a smaller loss than anticipated on the shoes. Adidas now says it expects to lose roughly $498 million on the shoes, down from the previously expected $775 million. Adidas originally terminated their relationship with Ye, formerly known as Kanye West, in October of 2022. Yahoo Finance Live breaks down the story.