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Shares of Under Armour Inc. Cl A (UAA) rallied 2.23% to $7.32 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. The stock's rise snapped a two-day losing streak. Under Armour Inc. Cl A closed $19.96 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 Friday, as Nike Inc. Cl B (NKE) rose 3.63% to $93.83, Columbia Sportswear Co. (COLM) rose 4.70% to $77.06, and Skechers USA Inc. Cl A (SKX) rose 2.21% to $33.36. Trading volume (5.8 M) remained 1.7 million below its 50-day average volume of 7.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 17:27 ET (21:27 GMT)
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