Previous Close | 8.21 |
Open | 8.33 |
Bid | 8.36 x 3100 |
Ask | 8.50 x 1300 |
Day's Range | 8.28 - 8.51 |
52 Week Range | 7.87 - 23.00 |
Volume | |
Avg. Volume | 5,937,865 |
Market Cap | 4.331B |
Beta (5Y Monthly) | 1.27 |
PE Ratio (TTM) | 8.88 |
EPS (TTM) | 0.94 |
Earnings Date | Apr 25, 2018 - Apr 30, 2018 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
The drop came as the stock market as a whole rebounded Tuesday, with the Dow Jones industrial average, the NASDAQ composite and the S&P 500 all gaining around 2%. The decrease comes after Under Armour shares (NYSE: UAA) experienced the 10th highest trading day by volume in its history as a public company on Friday, with a trading volume of 53.8 million, according to Yahoo Finance data. The high trading volume is likely due to Under Armour’s removal from the S&P 500, an index of stocks for 500 large-cap companies.
Under Armour’s “brand momentum has waned relative to peers," noted Cowen & Co. analyst John Kernan, who downgraded shares to Market Perform from Outperform.
David Gibbs, CEO of Yum! Brands, bought nearly half a million dollars’ worth of shares of Under Armour, which he serves as a director.