Puma Surges, Dr Martens Slides, Credit Agricole Up
On this episode of Stock Movers:- France’s billionaire Pinault family agreed to sell its 29% stake in Puma to China’s Anta Sports Products, paring back its holdings beyond the luxury-goods industry as it focuses on a turnaround at the key Gucci brand. Puma shares jumped as much as 21% in early Frankfurt trading, roughly halving the past year’s decline.- Dr. Martens shares drop as much as 7.6%, the most since November, after the shoemaker reported a decline in revenue. RBC Capital Markets analyst Piral Dadhania attributed the stock’s negative reaction to “softer…
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