Reasons for the Decline in Under Armour (UAA) Stock Today

Under Armour Shares Plunge After Earnings Report Shares of Under Armour (NYSE: UAA) dropped 22.4% during the morning session following the release of its second-quarter earnings and a notably weak outlook for the third quarter. The company’s revenues reached $1.13 billion, which met Wall Street’s expectations but represented a 4.2% decrease compared to the previous […]