Under Armour Posts Its First Ever Loss - News Summed Up

Under Armour Posts Its First Ever Loss


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



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