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Despite the significant expected returns from the 2026 World Cup, data from sponsoring companies like Adidas and Nike do not show a consistent or performance-adequate pattern in their stock performance after the tournament. Adidas experienced a decline in stock performance in five of the last six editions, while Nike showed a balanced performance but without a direct link to gains from hosting the event. These findings suggest that winning the World Cup or increasing commercial revenues does not necessarily guarantee an improvement in stock performance, and that operational strategies and internal changes within companies play a more significant role in determining financial outcomes.
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