Tuesday, June 13, 2017

Billionaire investor says Under Armour still has 'big opportunity'

A major Under Armour Inc. shareholder said he does not think the sportswear maker will be a “near-term performer” and that CEO Kevin Plank has “missed the point a little bit,” but the company still has a “big opportunity” for long-term success. Ronald S. Baron, a billionaire investor who runs New York-based Baron Capital, said in a CNBC interview Tuesday he sold 10 percent to 15 percent of his stock in Baltimore-based Under Armour “two or three years ago” before the company’s stock price started…



from http://www.bizjournals.com/baltimore/news/2017/06/13/billionaire-investor-says-under-armour-still-has.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/161783575657

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