Under Armour Inc. shares have tanked so far this year, bringing the value of founder Kevin Plank’s majority stake down to less than $1 billion. A disappointing fourth quarter, grim 2020 outlook and the coronavirus have all contributed to the decline of Baltimore-based Under Armour’s shares so far this year. Under Armour has two classes of shares: Class A shares, which have voting rights; and Class C shares, which do not have voting rights. Class A shares (NYSE: UAA) are down 42% year to date to…
from https://www.bizjournals.com/baltimore/news/2020/03/09/kevin-planks-stake-in-under-armour-has-lost-almost.html?ana=RSS&s=article_search
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