|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||8.11 - 8.20|
|52 Week Range||4.17 - 9.00|
|Beta (5Y Monthly)||0.57|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 23, 2019|
|1y Target Est||N/A|
The $1 trillion container shipping industry is in a slowdown. Many are also cutting down the number of voyages and providing short-term storage for clients as the industry, which includes heavyweights like Maersk, MSC and Hapag-Lloyd, faces its biggest downturn since the 2008 financial crisis. Civil unrest in the United States has compounded their problems by further clouding the prospect for a recovery in the world's biggest retail sales market.
On Thursday, Cowen provided investors an update on athletics brands and retailers. The firm has an outperform rating on Lululemon, Nike, and Adidas, and is more neutral on peers VFC, Puma and Under Armour. For Lululemon specifically, the firm found that Google search trends are showing the biggest acceleration in history. The Final Round panel discusses the state of "athleisure" amid coronavirus.
The coronavirus pandemic has already dragged down Puma SE's first-quarter earnings.