|Bid||22.67 x 1800|
|Ask||22.68 x 1400|
|Day's Range||22.28 - 22.82|
|52 Week Range||12.50 - 24.96|
|Beta (3Y Monthly)||-0.69|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 11, 2019 - Feb 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.69|
Two more executives are reportedly out the door at Under Armour. Yahoo Finance’s Alexis Christoforous and Brian Sozzi talks about what it means for the company.
The Dow Jones Industrial Average was rising for a second day amid progress in trade discussions between the U.S. and China. tumbled 28.7% on Tuesday after its client growth disappointed Wall Street. jumped 7.7% after the shoe retailer posted fiscal third-quarter earnings that topped forecasts and the company lifted full-year guidance.
Short interest is high for UAA with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting UAA. The net inflows of $6.45 billion over the last one-month into ETFs that hold UAA are not among the highest of the last year and have been slowing.
U.S. stock futures traded sharply higher on Tuesday, Dec. 11, with investors reacting cautiously to progress in U.S.-China trade talks but remaining unnerved by the ongoing political chaos surrounding Britain's Brexit vote. Contracts tied to the Dow Jones Industrial Average rose 202 points, futures for the S&P 500 were up 19 points, and Nasdaq futures gained 66.50 points. China's chief trade negotiator, Liu He, spoke with U.S. Treasury Secretary Steve Mnuchin and Trade Representative Robert Lighthizer by phone Monday night, China's Commerce Ministry said in a statement, and agreed to work toward the framework of talks set during the G-20 leaders' summit in Argentina.
Under Armour Inc. ousted two sports-marketing executives who were longtime associates of CEO Kevin Plank, according to people familiar with the matter, after the apparel brand conducted an internal review of their department’s spending. Ryan Kuehl, senior vice president of global sports marketing, and Walker Jones, senior director of sports marketing, were both removed from their roles last week, the people said. “Per company policy, we do not comment on specific personnel matters,” an Under Armour spokeswoman said.
Under Armour let go of the two employees after conducting an internal review of departmental spending, the Wall Street Journal reported.
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains breaks down Lululemon's recent Q3 financial results and dives into the athleisure firm's future.
Under Armour reportedly ousted two executives connected to CEO Kevin Plank, according to people familiar with the matter.
In the daily bar chart of UAA, below, we can see three or four attempts to break above the $24-$25 area. The daily On-Balance-Volume (OBV) line shows a rise from early February and during the price decline from June to October. The OBV line is just a fraction away from a new high to confirm the price gains.
Global equities were lower this morning, and U.S. futures were initially weaker too. Yet all three major stock indexes recovered, inching tentatively into the green.