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Shares of Under Armour Inc. Cl A (UAA) slipped 2.90% to $9.39 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. The stock's fall snapped a three-day winning streak. Under Armour Inc. Cl A closed $15.52 short of its 52-week high ($24.91), which the company achieved on December 7th.
The stock underperformed when compared to some of its competitors Monday, as Nike Inc. Cl B (NKE) fell 0.94% to $104.96. Trading volume (7.8 M) remained 1.3 million below its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 17:41 ET (22:41 GMT)
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