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XETRA:PUMG.DE News 27 January 2026

Puma stock jumps as Anta snaps up 29% stake at €35 — what investors watch next

Puma stock jumps as Anta snaps up 29% stake at €35 — what investors watch next

Frankfurt, Jan 27, 2026, 11:16 CET — Regular session Shares of Puma SE (PUMG.DE) rose Tuesday after China’s Anta Sports Products (2020.HK) agreed to buy a 29.06% stake from the Pinault family’s investment vehicle at a hefty premium. By 10:15 a.m. CET, the stock was up 6%, having surged as much as 17% earlier in the session. (Reuters) The deal…

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  • B. Riley Wealth Advisors Cuts Reddit Inc. Holdings by 42% in Q3
    January 27, 2026, 9:07 AM EST. B. Riley Wealth Advisors Inc. reduced its stake in Reddit Inc. (NYSE:RDDT) by 42.2% in the third quarter, selling 14,014 shares and holding 19,208 shares valued at $4.42 million. Meanwhile, major investors including Norges Bank, Amundi, State Street Corp, and Nordea Investment Management significantly increased their Reddit positions in the second quarter. Reddit's stock opened at $218.47 on Monday, with a market value of $41.4 billion. The company recently reported stronger-than-expected Q3 earnings of $0.80 per share and revenue of $584.91 million, beating analyst estimates. Wells Fargo raised its price target from $186 to $207 but maintained an 'equal weight' rating.
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