On this episode of Stock Movers: 

 -  Adidas and Puma shares rallied as a US court blocked many of President Trump's tariffs on imports from dozens of countries. The stocks had slumped in April on concern over tariffs on clothing items imported from Asia.

- Luxury stocks including LVMH gained on hopes that the court ruling on tariffs would benefit demand for high-end goods. That was even as LVMH’s deputy chief executive officer indicated that a slump in demand for luxury items may still have some way to run. 

- Auto Trader reported revenue for the full year that missed the average analyst estimate.

On this episode of Stock Movers:&nbsp;
&nbsp;- &nbsp;Adidas and Puma shares rallied as a US court blocked many of President Trump's tariffs on imports from dozens of countries. The stocks had slumped in April on concern over tariffs on clothing items imported from Asia.
- Luxury stocks including LVMH gained on hopes that the court ruling on tariffs would benefit demand for high-end goods. That was even as LVMH&rsquo;s deputy chief executive officer indicated that a slump in demand for luxury items may still have some way to run.&nbsp;
- Auto Trader reported revenue for the full year that missed the average analyst estimate.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Adidas Gains, Luxury Strength, Auto Trader Drop

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7363e284-f979-48a5-8dfb-b2ec008bf825/transcript