Shares of sportswear maker Under Armour slipped on Tuesday after Wells Fargo downgraded the company. The bank cut its price target on the stock from $17 to $13 and gave it a “market underperform” rating. Traders were less than happy about the news as the stock fell 2%. Wells Fargo analyst Tom Nikic wrote in … Continue reading “Under Armour Gets a Downgrade from Wells Fargo”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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