Tuesday, February 7, 2017

Kevin Plank to Wall Street: Don't bet against Under Armour

Under Armour Inc. CEO Kevin Plank has a message for investors: Don’t bet against the company. Plank, appearing on CNBC Tuesday, said shareholders should “look at the body of work that we have done and we’ve put in” since the company went public in 2005. Baltimore-based Under Armour’s stock tumbled 30 percent last week after the sportswear maker reported sales growth of less than 20 percent in the fourth quarter, ending a streak that lasted more than six years. Plank noted a lot of people bet…



from http://www.bizjournals.com/baltimore/news/2017/02/07/kevin-plank-to-wall-street-dont-bet-against-under.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/156944994367

No comments:

Post a Comment