Under Armour Inc. Cl A Stock Falls Wednesday, Underperforms Market
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Shares of Under Armour Inc. Cl A (UAA) slid 2.17% to $7.21 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 31,839.11 and the S&P 500 Index falling 0.74% to 3,830.60. The stock's fall snapped a three-day winning streak. Under Armour Inc. Cl A closed $20.07 short of its 52-week high ($27.28), which the company achieved on November 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nike Inc. Cl B (NKE) rose 0.73% to $92.39, Columbia Sportswear Co. (COLM) fell 0.21% to $75.55, and Skechers USA Inc. Cl A (SKX) fell 9.80% to $32.41. Trading volume (8.7 M) eclipsed its 50-day average volume of 7.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2022.
(END) Dow Jones Newswires
October 26, 2022 17:28 ET (21:28 GMT)
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