Why Under Armour Got Battered Despite a Smaller-Than-Expected Loss
In this Market Foolery segment, host Mac Greer, David Kretzmann of Supernova and Rule Breakers, and Ron Gross of Motley Fool Total Income discuss the situation of athletic apparel upstart, which had shareholders sweating even more after its quarterly report. The numbers weren't actually that bad, but when it adjusted its outlook downward and announced layoffs and a restructuring, Under Armour (NYSE: UAA) (NYSE: UA) made it clear that its rapid growth story is definitively over for now. The question for the Fools: What's next?
A full transcript follows the video.
Source: Fool.com
Under Armour Inc. A Stock
€6.32
-0.460%
With 1 Sell predictions and 1 Buy predictions the community sentiment towards the Under Armour Inc. A stock is not clear.
With a target price of 8 € there is a positive potential of 26.54% for Under Armour Inc. A compared to the current price of 6.32 €.
