Shares of Under Armour were deep in the red in Tuesday trading after a dismal third quarter financial report and a slashed outlook looking ahead. The sports apparel company reported revenue of $1.41 billion for the third quarter, dragging behind the $1.48 billion that analysts wanted. It was also a 5% drop compared to the … Continue reading “Under Armour Sinks to a New Low After Earnings”
Author: Sophia Vida
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