Under Armour Inc. Cl A Stock Falls Monday, Underperforms Market
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Shares of Under Armour Inc. Cl A (UAA) slid 3.40% to $12.23 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,111.08 and Dow Jones Industrial Average falling 0.10% to 33,891.02. This was the stock's second consecutive day of losses. Under Armour Inc. Cl A closed $8.42 below its 52-week high ($20.65), which the company reached on February 10th.
The stock underperformed when compared to some of its competitors Monday, as Nike Inc. Cl B (NKE) fell 1.47% to $125.73. Trading volume (10.1 M) eclipsed its 50-day average volume of 7.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 6, 2023.
(END) Dow Jones Newswires
February 06, 2023 17:29 ET (22:29 GMT)
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