The PUMA Share
The PUMA share also had a very positive performance in 2018. The share started into the year at a price of € 363.00 and moved in the following twelve months in a range between € 317.00 (February 13, 2018 / -12.7%) and € 525.00 (June 5, 2018 / +44.6%). At the end of the year (December 28, 2018), the PUMA share was trading at € 427.00, 17.6% above the closing price of the previous year. Market capitalization rose accordingly from € 5.4 billion to € 6.4 billion at the end of 2018.
The PUMA share was included in the MDAX in June 2018, after the free float increased from just under 13% to 55% due to the reduction in Kering’s shareholding and, as a result, the trading volume of the PUMA share also increased significantly. The average daily trading volume increased from 6,689 shares in the previous year to an average of 44,386 shares in 2018.
Compared to the MDAX, which fell by 17.6% in 2018, the PUMA share developed significantly better, gaining 17.6%.