Under Armour Inc. Cl A Stock Rises Wednesday, Still Underperforms Market

Under Armour Inc

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Consumer Discretionary : Textiles, Apparel & Luxury Goods | Small Cap Blend

Company profile

Under Armour, Inc. is engaged in developing, marketing and distributing branded performance apparel, footwear and accessories for men, women and youth. The Company's primary business operates in four geographic segments, such as North America, comprising the United States and Canada; Europe, the Middle East and Africa, Asia-Pacific, and Latin America. North America segment sells apparel, footwear and accessories in North America through its wholesale and direct-to-consumer channels. EMEA sells apparel, footwear and accessories through wholesale customers and independent distributors, along with e-commerce websites and Brand and Factory House stores. Asia-Pacific sells apparel, footwear and accessories products in China, South Korea, Australia, Singapore, Malaysia and Thailand through stores operated by its distribution and wholesale partners, along with e-commerce websites and Brand and Factory House stores. The Company offers apparel products, such as HEATGEAR, COLDGEAR and RUSH.

Under Armour Inc. Cl A Stock Rises Wednesday, Still Underperforms Market

5:29 pm ET January 11, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Under Armour Inc. Cl A (UAA) inched 0.55% higher to $10.96 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.28% to 3,969.61 and the Dow Jones Industrial Average rising 0.80% to 33,973.01. This was the stock's second consecutive day of gains. Under Armour Inc. Cl A closed $9.69 short of its 52-week high ($20.65), which the company achieved on February 10th.

The stock underperformed when compared to some of its competitors Wednesday, as Nike Inc. Cl B (NKE) rose 1.67% to $127.94. Trading volume (6.3 M) remained 2.3 million below its 50-day average volume of 8.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2023.

(END) Dow Jones Newswires

January 11, 2023 17:29 ET (22:29 GMT)