Shares of Adidas AG (OTCMKTS:ADDYY – Get Free Report) gapped down prior to trading on Thursday following a weaker than expected earnings announcement. Adidas shares last traded at $85.03, with a volume of 23,040 shares trading hands. JPMorgan Chase & Co. assumed coverage on shares of Adidas in a research report on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Adidas in a research report on Tuesday, June 30th. Institutional Investors Weigh In On AdidasAn institutional investor recently raised its stake in Adidas stock.