UniCredit Down, Adidas Slips, ITV Tumbles
On this episode of Stock Movers:- UniCredit's third-quarter profit and revenue beats failed to impress investors, underscoring the challenges for Chief Executive Officer Andrea Orcel after his unsuccessful bid for Banco BPM SpA.- Adidas slumped after currency rates weighed on its third-quarter sales figures and the German sportswear company failed to impress with its higher profit forecast. - ITV shares fell as much as 12% after Liberty Global sold a roughly 5% stake in the media company, crystallizing a loss in the investment it made more than a decade ago.See omnystudio.com/listener for…
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