Adidas Slides, IG Group Falls, Wetherspoon Rises

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

• European sportswear stocks including Adidas, Puma, and JD Sports are sliding this morning after US firm Nike fell in extended trading on Thursday, following weaker-than-expected quarterly sales and a disappointing outlook for full year revenue. Analysts at Vital Knowledge described the sales guidance as “pretty ugly.”
• IG Group falls as much as 27%, the most since 2016, after an unscheduled third-quarter update in which it cut its 2026 revenue growth outlook to the mid-single digits from 10%-15%. The selloff drove the shares decisively below the floor of a two-month trading range on heavy volume.
• J D Wetherspoon Plc got a boost from hot weather, with expanded beer gardens helping the pub chain accelerate sales growth at the start of its new financial year.

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