Puma Biotechnology, Inc. rose 1.11% in after-hours trading. The company's stock price movement aligns with the news that Artemis, the Pinault family's holding that controls Gucci-owner Kering, will not sell its 29% stake in Puma at the current market value and is not engaged in talks over a deal. This news suggests that there is no immediate threat of a significant sell-off, which could be seen as a positive indicator for the stock.
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