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Shares of Under Armour Inc. Cl A (UAA) slid 4.34% to $6.62 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.80% to 3,665.78 and Dow Jones Industrial Average falling 0.30% to 30,333.59. This was the stock's third consecutive day of losses. Under Armour Inc. Cl A closed $20.66 short of its 52-week high ($27.28), which the company reached on November 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Nike Inc. Cl B (NKE) fell 1.96% to $86.83, Columbia Sportswear Co. (COLM) fell 2.24% to $71.05, and Skechers USA Inc. Cl A (SKX) fell 5.24% to $33.83. Trading volume (13.6 M) eclipsed its 50-day average volume of 7.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 20, 2022.
(END) Dow Jones Newswires
October 20, 2022 17:27 ET (21:27 GMT)
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