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