Under Armour Inc. Cl A Stock Falls Thursday, Underperforms Market
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Shares of Under Armour Inc. Cl A (UAA) sank 0.69% to $7.16 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. This was the stock's second consecutive day of losses. Under Armour Inc. Cl A closed $20.12 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 Thursday, as Nike Inc. Cl B (NKE) fell 2.00% to $90.54, Columbia Sportswear Co. (COLM) fell 2.58% to $73.60, and Skechers USA Inc. Cl A (SKX) rose 0.71% to $32.64. Trading volume (7.6 M) eclipsed its 50-day average volume of 7.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.
(END) Dow Jones Newswires
October 27, 2022 17:28 ET (21:28 GMT)
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