Thursday, July 26, 2018

Under Armour shares skyrocket as comeback continues in second quarter

Under Armour Inc. shares rose Thursday morning as the sportswear maker continued its resurgence after reporting its sales beat Wall Street estimates in the second quarter. Shares of Baltimore-based Under Armour (NYSE: UAA) were up more than 9 percent in pre-market trading to $23. Under Armour reported a loss of $96 million in the second quarter, or 21 cents per share, compared to a loss of $12 million, or 3 cents per share in the year-ago period. Excluding the impact of the company’s 2018 restructuring…



from https://www.bizjournals.com/baltimore/news/2018/07/26/under-armour-shares-skyrocket-as-comeback.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/176299627477

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