Under Armour Inc. Cl A Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Under Armour Inc. Cl A (UAA) rose 2.79% to $7.37 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.63% to 3,859.11 and the Dow Jones Industrial Average rising 1.07% to 31,836.74. This was the stock's third consecutive day of gains. Under Armour Inc. Cl A closed $19.91 below 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 Tuesday, as Nike Inc. Cl B (NKE) rose 4.22% to $91.72, Columbia Sportswear Co. (COLM) rose 2.24% to $75.71, and Skechers USA Inc. Cl A (SKX) rose 3.60% to $35.93. Trading volume (9.2 M) eclipsed its 50-day average volume of 7.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2022.
(END) Dow Jones Newswires
October 25, 2022 17:28 ET (21:28 GMT)
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