
Puma Stock Drops 18% on U.S. Tariff Woes
The Complexities Behind Puma’s Recent Downturn The sportswear industry has witnessed a significant shift in recent months, with Puma, one of the world’s leading athletic brands, experiencing a notable decline. The company’s shares have plummeted by as much as 18%, sparking concerns among investors and industry analysts alike. While the immediate trigger for this downturn…