Under Armour’s shares sink after forecast misses estimates

By Bloomberg Published May 16, 2024 Under Armour Inc. stock tumbled in premarket trading after the sportswear maker gave a full-year outlook that fell short of Wall Street’s expectations. Under Armour – Facebook: Under Armour The company is going through a transitional period as founder Kevin Plank, who stepped down from the CEO position in [...]read moreUnder Armour’s shares sink after forecast misses estimates