Under Armour Inc. shares soared in pre-market trading on Thursday despite the company posting its first quarterly loss since going public in 2005 as North American sales slumped in a sluggish retail environment. The Baltimore sportswear maker posted a first-quarter loss of $2.3 million, or 2 cents per share, compared with a profit of $19.2 million, or 4 cents per share, in the year-ago period. Under Armour’s (NYSE: UAA) first-quarter revenue rose 7 percent to $1.2 billion, up from $1.04 billion…
from http://www.bizjournals.com/baltimore/news/2017/04/27/under-armour-shares-soar-on-smaller-than-expected.html?ana=RSS%26s=article_search
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