Under Armour Inc. posted its first ever quarterly loss as a public company, as demand cooled for the company’s sneakers and athletic apparel. Still, results weren’t as bad as Wall Street anticipated and shares jumped 8% in early Thursday trading to $21.25. The stock is now down about 27% on the year. Footwear sales at the Baltimore-based...
Source: Wall Street Journal April 27, 2017 11:45 UTC