Under Armour Inc’s streak of 20 percent revenue growth came to an end in the fourth quarter leading to a decline in the sportswear maker’s profit and causing its stock price to drop nearly 25 percent in pre-market trading on Tuesday. Baltimore-based Under Armour reported earnings of $105 million, or 23 cents per share in the fourth quarter. That’s a 1 percent decline from the same period last year when Under Armour posted earnings of $105.6 million, or 24 cents per share. Under Armour reported…
from http://www.bizjournals.com/baltimore/news/2017/01/31/under-armour-shares-fall-sharply-after-earnings.html?ana=RSS%26s=article_search
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