Why Under Armour Inc. Stock Is Down 30% This Year
Shares of Under Armour (NYSE: UA) (NYSE: UAA) have been falling behind this year, with the sportswear stock down 30%, according to data from S&P Global Market Intelligence.
Image source: Under Armour.
The stock collapsed following an ugly fourth-quarter earnings report at the beginning of the year and it's been unable to recover since, trading sideways. As the chart below shows, essentially all of the losses came on that earnings report, with the class C shares faring slightly better.
Source: Fool.com
Under Armour Inc. A Stock
€6.96
0.420%
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 slightly positive potential of 14.91% for Under Armour Inc. A compared to the current price of 6.96 €.
