Graham Hughes / Bloomberg via Getty Images Key TakeawaysTrading in shares of Gildan Activewear was paused Tuesday after the stock jumped following reports the board of directors was considering selling the company. The Montreal-based apparel maker's board is in the middle of a heated battle with institutional investors led by Browning West LP.Investors are seeking to reconstitute the company's board and reinstate co-founder Glenn Chamandy as CEO. Chamandy was abruptly ousted last December. Trading in shares of Gildan Activewear (GIL) was paused on Tuesday after the stock jumped following reports the board was exploring selling the company.