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. 
- Burberry gets upgraded to overweight from equal weight at Barclays as analysts see the UK fashion brand’s turnaround strategy paying off. 
- Cranswick shares rise as much as 4.7%, hitting a five-month high, after the food producer said annual adjusted pretax profit should come in toward the upper-end of market expectations following strong topline growth in the third quarter, including over the key Christmas period.

On this episode of Stock Movers: - France&rsquo;s billionaire Pinault family agreed to sell its 29% stake in Puma to China&rsquo;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&rsquo;s decline. - Burberry gets upgraded to overweight from equal weight at Barclays as analysts see the UK fashion brand&rsquo;s turnaround strategy paying off. - Cranswick shares rise as much as 4.7%, hitting a five-month high, after the food producer said annual adjusted pretax profit should come in toward the upper-end of market expectations following strong topline growth in the third quarter, including over the key Christmas period.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

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

Stock Movers

Puma Surges, Burberry Gains, Cranswick Up 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6d0b64e7-9767-42e2-b9ee-b3df00990bcb/transcript