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Shares of Under Armour Inc. Cl A (UAA) slid 4.57% to $7.72 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. This was the stock's third consecutive day of losses. Under Armour Inc. Cl A closed $19.56 short of its 52-week high ($27.28), which the company reached on November 19th.
The stock underperformed when compared to some of its competitors Wednesday, as Nike Inc. Cl B (NKE) fell 1.76% to $92.10, Columbia Sportswear Co. (COLM) fell 3.10% to $72.25, and Skechers USA Inc. Cl A (SKX) fell 0.78% to $35.55. Trading volume (10.9 M) eclipsed its 50-day average volume of 8.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.
(END) Dow Jones Newswires
November 09, 2022 17:28 ET (22:28 GMT)
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