Under Armour Inc. Cl A Stock Falls Wednesday, Still Outperforms Market
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Shares of Under Armour Inc. Cl A (UAA) shed 0.42% to $11.86 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. The stock's fall snapped a five-day winning streak. Under Armour Inc. Cl A closed $8.79 short of its 52-week high ($20.65), which the company reached on February 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Nike Inc. Cl B (NKE) fell 1.33% to $126.43. Trading volume (6.6 M) remained 1.9 million below its 50-day average volume of 8.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:29 ET (22:29 GMT)
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