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Shares of Under Armour Inc. Cl A (UAA) slid 4.83% to $9.07 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. Under Armour Inc. Cl A closed $18.01 short of its 52-week high ($27.08), which the company reached on November 22nd.
The stock underperformed when compared to some of its competitors Monday, as Nike Inc. Cl B (NKE) fell 1.51% to $103.83, Columbia Sportswear Co. (COLM) fell 1.35% to $84.47, and Skechers USA Inc. Cl A (SKX) fell 1.88% to $39.09. Trading volume (7.4 M) remained 1.8 million below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:27 ET (22:27 GMT)
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