UAA - Under Armour, Inc.

NYSE - NYSE Delayed Price. Currency in USD
9.57
+0.13 (+1.38%)
At close: 4:02PM EDT

9.41 -0.16 (-1.67%)
After hours: 5:20PM EDT

Stock chart is not supported by your current browser
Previous Close9.44
Open9.37
Bid9.59 x 3100
Ask9.69 x 800
Day's Range8.93 - 9.68
52 Week Range7.61 - 27.72
Volume4,690,485
Avg. Volume7,275,698
Market Cap4.064B
Beta (5Y Monthly)0.91
PE Ratio (TTM)47.14
EPS (TTM)0.20
Earnings DateApr 30, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est15.88
  • Coronavirus update: 755,591 cases world-wide, 36,211 deaths; Italy, Spain and New York City struggle to cope
    MarketWatch

    Coronavirus update: 755,591 cases world-wide, 36,211 deaths; Italy, Spain and New York City struggle to cope

    The number of cases of COVID-19, the illness created by the novel coronavirus, continued to climb on Monday, with the U.S. tally nearing 145,000 as President Donald Trump extended social restrictions until at least the end of April.

  • Coronavirus pandemic raises concerns that some retailers will run out of cash
    MarketWatch

    Coronavirus pandemic raises concerns that some retailers will run out of cash

    Retailers are at risk of running out of cash if the coronavirus pandemic keeps stores shuttered for longer than expected and consumers, spooked by carnage in the stock market, cut back on purchases, analysts said Wednesday.

  • MarketWatch

    Under Armour to produce 500,000 masks, 1,000 face shields at Baltimore facility

    Under Armour Inc. will produce 500,000 masks, 1,000 face shields and thousands of hospital gowns at its Baltimore facility, and donate them to the University of Maryland Medical System and several other medical facilities in the state. Under Armour workers are also handing out 50,000 fanny packs filled with necessities for medical professionals. Under Armour stock is down 56.2% over the last year while the S&P 500 index is down 9.5% for the period.

  • Nike, Under Armour, Fanatics and other sports retailers are making coronavirus masks
    Yahoo Finance

    Nike, Under Armour, Fanatics and other sports retailers are making coronavirus masks

    Fanatics is now making medical masks and gowns out of baseball jersey material to address the shortage caused by coronavirus; Nike, Under Armour and other sports retailers are also hurrying to make the same items.

  • Barrons.com

    Under Armour Stock Sinks as Sports Remain Halted. Why It’s Not a Buy at the Cheaper Price.

    The sporting world’s virtual halt was the last thing (UAA) stock needed amid the company’s turnaround. The athleticwear company’s shares (ticker: UAA) have shed more than half their value in 2020. Major League Baseball’s opening day was postponed.

  • Fast Times at Innovation High (Part 2)
    Zacks

    Fast Times at Innovation High (Part 2)

    Imagine what you could learn about running your business and your life by studying great companies.

  • TheStreet.com

    Under Armour Pierced by Analyst Downgrade to Hold in a Slumping Stock Market

    A Stifel analyst turned into a short-term bear on Under Armour as the athletic-apparel designer and retailer faces challenges amid the coronavirus outbreak. He remains bullish on its longer-term prospects.

  • Under Armour faces coronavirus cash crunch, borrows $700M
    American City Business Journals

    Under Armour faces coronavirus cash crunch, borrows $700M

    Under Armour said the move is "a precautionary measure in order to increase its cash position and preserve liquidity."

  • How Under Armour, Sagamore Spirit are helping during the pandemic
    American City Business Journals

    How Under Armour, Sagamore Spirit are helping during the pandemic

    The local distillery has turned its attention from whiskey to hand sanitizer, following the lead of others across the state.

  • MarketWatch

    Goldman upgrades Ross Stores, downgrades Under Armour after coronavirus disrupts retail

    Goldman Sachs has changed stock ratings on a number of brands and retailers as the coronavirus pandemic disrupts brick-and-mortar retail, impacting revenue, putting pressure on margins and putting stress on cash flow and liquidity. Goldman upgraded Ross Stores Inc. to buy from sell, but lowered its price target to $93 from $110. "Off-price is particularly well positioned to weather headwinds," analysts wrote. "[O]ur analysis suggests Ross Stores will continue to have sufficient cash on hand to operate into the second half even if revenue losses during the March 15-to-June 30 time period approach 90%." Analysts downgraded Under Armour Inc. to neutral from buy, and cut their price target cut to $9 from $21. Analysts say that 2020 was intended to be a "reset year" after losing "brand momentum," and their prior view was based on marketing investment to turn that around. In the current environment, Goldman is expecting Under Armour to struggle to fund that investment. And its efforts to sell at full price will be "at risk" if sales disruption continues. Weak brand momentum is also a problem for Kontoor Brands Inc. , the parent company to denim brands Wrangler and Lee. Goldman downgraded Kontoor to sell from neutral and reduced its price target to $17 from $32. Ross Stores stock was up 0.2% in Wednesday premarket trading but down 57.6% for 2020 so far. Under Armour shares rose 1.6% in premarket, but are down 56.2% over the last year. And Kontoor stock slumped 7.4% in premarket, and is down 38.4% for the year to date. The S&P 500 index has fallen 24.3% for 2020 to date.

  • Under Armour's chief product officer latest C-suite exec to depart
    American City Business Journals

    Under Armour's chief product officer latest C-suite exec to depart

    Kevin Eskridge, who has worked for Under Armour since 2009, is leaving to "pursue other interests."

  • 5 S&P 500 Stocks That Have Tumbled 50% Over the Past Month
    GuruFocus.com

    5 S&P 500 Stocks That Have Tumbled 50% Over the Past Month

    These companies still have strong fundamentals Continue reading...

  • Coronavirus, new home sales, Nike earnings: What to know in markets Tuesday
    Yahoo Finance

    Coronavirus, new home sales, Nike earnings: What to know in markets Tuesday

    Coronavirus developments, new homes sales data and Nike earnings will take centerstage Tuesday.

  • Hedge Funds Were Selling Under Armour Inc (UA) Before The Coronavirus
    Insider Monkey

    Hedge Funds Were Selling Under Armour Inc (UA) Before The Coronavirus

    We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

  • 7 F-Rated Stocks to Sell Right Now
    InvestorPlace

    7 F-Rated Stocks to Sell Right Now

    We're now at that point in this market correction where everyone is certainly paying attention, but there are still bulls out there talking about opportunity.While opportunities exist, right now they will only be long-term opportunities because it doesn't seem like we're going to hit bottom until we figure out how much the U.S. economy will affected.Numbers from China now show that the first quarter will be the first negative reading since 1992. And remember, this economy, even in bad times, was growing by 6% annually. The U.S. has been happy at 2%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf the same drop in productivity and growth hits the U.S. and Europe, it will take some time to dig the economy out. But we don't know. And that is the biggest issue in the markets right now.Uncertainty is the most poisonous ingredient in a down market. * 10 of the Best Long-Term Stocks to Buy in a Bear Market So to play it safe, as I hope you're doing with the coronavirus from China, here are seven stocks to avoid at all costs due to their F ratings in my Portfolio Grader tool I use to find Growth Investor plays. Stocks to Sell: Boeing (BA)Source: VDB Photos / Shutterstock.com Boeing (NYSE:BA) is a prime example of what is happening with blue-chip stocks these days. In the good times its seems the company was living off its reputation and the government's largesse, rather than doing the great work it was always famous for doing.World War II pilots used to say, "If it's not Boeing, it ain't going." It's certainly a different company today. From scandals to quality issues and cynical leadership, it seems this great company is even having trouble getting bailout money from the federal government.And it's still one of the top two commercial airline builders in the world. There's a $60 billion stimulus package in Congress, but they don't seem to be moving on it with great speed.Congress may see this as a time rebuild the U.S. airline industry and some of its key components using the free market, rather than taxpayer money.That would not be good news for Boeing. The stock continues to fall and is off 72% in the past 12 months, so its 8.4% dividend isn't tempting. Schlumberger (SLB)Source: Valentin Martynov / Shutterstock.com Schlumberger (NYSE:SLB) is the world's largest oil services company. It has been around since 1926, so it has seen its share boom and busts, both in the national economy and in the oil industry.And that includes the Dust Bowl decade that coincided with the Great Depression. Oil is now trading more than 50% down from its prices a month ago. That means drillers stop drilling. And that means exploration shuts down.At Growth Investor, we're staying far away from those groups right now. The enormous debt these companies took on during boom times is now coming back to bite them, resulting in dividend cuts -- and thus widespread abandonment by investors. Yet both those sectors are the bread and butter for SLB.That's why the stock is off 72%.Much of the concern is how bad the productivity of Europe and the U.S. will be hit by Covid-19. And how much the consumer -- the group that has kept the rally alive in the U.S. -- fares after lost wages and in many cases, lost jobs.The stock's 16.6% dividend certainly looks tempting now, but it's cold comfort given the stock's current performance and short-term prospects. Halliburton (HAL)Source: Casimiro PT / Shutterstock.com Halliburton (NYSE: HAL) is another major oil services company. And it's having the same problems as SLB.Earlier this week, it furloughed 3,500 workers. And that is just the beginning of the belt tightening. Most analysts have cut their stock price target in half or more. HAL stock is off 84% in the past year, 77% in the past month.There's a challenge today for these big firms -- keeping the stock alive at the expense of the workforce, or vice versa. When stocks are in this kind of tailspin, they're almost impossible to separate from one another and both pull the other down.Cutting workers helps keep analysts satisfied that you're doing everything you can to keep the numbers good. But cutting the workforce means you can't produce like you used to.Its 15% dividend is certainly tempting, but it does little to offset those losses. Under Armour (UA)Source: Sundry Photography / Shutterstock.com Under Armour (NYSE:UA) is one of the biggest sportswear brands out there. And it has had quite a run in its young life.Started in the basement of founder and CEO Kevin Plank's parents' house, using his mom's sewing machine, it became one of the biggest names in performance apparel for professional athletes in short order.And then it expanded its product lines and its distribution and went global. Its growth story boosted its reputation on Wall Street -- analysts love growth stories -- and soon it was talked about as the Nike (NKE) slayer of sportswear.But the economy slowed, the stock deflated and the trade war began. Under Armour was still doing well, but it wasn't the giant slayer it was foretold to be.Even now, after losing 61% year-to-date, UA is trading at a current price-earnings ratio of 38. That may have been reasonable a couple months ago, but not now. And there's not much growth to be had for this growth stock in coming months. There are much better opportunities ahead in other sectors. Wayfair (W)Source: Jonathan Weiss / Shutterstock.com Wayfair (NYSE:W) is built on two strengths of the U.S. economy that are now weaknesses -- consumer spending and consumer credit.Wayfair is a massive online home furnishings store that launched in 2002. Recently it has spent huge money on advertising campaigns to bring in the business.And even before the virus hit, W was struggling. It lost almost $1 billion in 2019. It brought in $2.5 billion but also has $1.5 billion in outstanding long-term debt.Now, consumers are focusing their spending elsewhere. And buying on credit is likely going to be more of a burden than a benefit. People are losing their jobs and covering current bills is going to get tougher if this cycle turns into a recession.The stock is off 70% year-to-date and 85% in the past 12 months. This company needs a strong economy to make a comeback of any significance. And we're not there. Macy's (M)Source: digitalreflections / Shutterstock.com Macy's (NYSE:M) has done a good job avoiding the fate of many of its department store peers. Yet it has continued to struggle.And the coronavirus may be close to its death knell. Macy's remains a retail business that needs shoppers in the stores. While it has done a good job migrating to an online model, it's not the first place shoppers go to buy online.The advantage of a department store is going from department to department, trying on clothes, looking for a bag to match the dress and shoes in real time, with real products.Plus, the trade war with China didn't help with stocking merchandise and now a weakened consumer and less buying power.The stock is off 62% year-to-date and 73% in the past 12 months. It has a whopping 22.6% dividend, but it won't be able to sustain that. And when it gets cut, the stock will fall even harder. Meanwhile, the stocks I'm most excited about now are heavyweights in a growing industry, long-term. Devon Energy (DVN)Source: Jeff Whyte / Shutterstock.com Devon Energy (NYSE:DVN) is a U.S.-based exploration and production company that has been around the energy patch -- both onshore and offshore -- for decades.But it has had troubles keeping the momentum going as far back as 2014. The stock peaked around $114 a share in 2008 and then drifted down. But before the troubles in the energy sector in 2014, it was still trading around $74.It has never seen those prices again. Today it trades below $7 a share. It has had problems in its fields and has been laying off workers over the past couple of years, even when oil firms were doing well.With the current blow to oil prices and its precarious state, it's going to be tough for DVN to make it out in one piece. The stock is off 75% year-to-date, and off 82% in the past 12 months. Its nearly 7% dividend doesn't help and, like its peers, may be cut if things don't improve soon. And that just makes a bad situation worse.Overall, I'd stay away from energy at this point -- and I wouldn't buy ANY stocks until the market volatility eases up, we get clarity on the coronavirus situation, and earnings start to come in.Once the all-clear signal sounds, you'll still want to focus on companies with strong fundamentals and the best growth prospects. That's what I'm finding in the field of 5G wireless infrastructure. The 5G Buildout Is an Incredible Opportunity for Investors Right NowWithin two years, most cell phones will be 5G enabled and be able to wirelessly handle television streaming. With 5G, we'll have cable modem speeds on any device; no need to plug in. That's a big deal for rural areas … the very same areas that are also key to President Donald Trump's reelection. So, by pushing 5G over the goal line, Trump will deliver a big win for his base -- and strike a blow against Chinese rivals like Huawei Technologies.But, in the big picture, 5G is about much more than trade wars and faster downloads. Because 5G is 100 times faster than 4G, it'll allow your internet devices to work in real time. That advancement is a game changer for tech companies.With the 5G infrastructure market set to grow at an annual rate of 67% over the next 10 years, the entire market will go from $780 million to nearly $48 billion. This buildout is where I see opportunity with 5G stocks now.Cable companies can do their best to fight back with fiber optics … but they can't compete with the convenience of a smartphone, once it's got ultra-fast 5G. That's how my 5G infrastructure play will capture more market share from the broadband cable companies.The stock I'm targeting is a favorite on Wall Street, and it has strong fundamentals, too -- making it an A-rated "Strong Buy" in my Portfolio Grader system.Click here to watch my new, free briefing on this extraordinary technology and the opportunity with 5G stocks.When you do, you'll see how to claim a free copy of my new stock report, The Netflix of 5G, which has full details on this company -- and what makes it such a great investment.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * America's Richest ZIP Code Holds Wealth Gap Secret * 10 of the Best Long-Term Stocks to Buy in a Bear Market * 7 "Perfect 10" Healthcare Stocks to Buy Now * Where the FANG Stocks Sit in This Wild Market The post 7 F-Rated Stocks to Sell Right Now appeared first on InvestorPlace.

  • When the All-Clear Sounds, LUV Stock Should Be Your First Buy
    InvestorPlace

    When the All-Clear Sounds, LUV Stock Should Be Your First Buy

    The chart of Southwest Air (NYSE:LUV) looks like a disaster until you compare it with those of other airlines. Since the start of the year LUV stock is down by 35%. It opens for trade March 20 at a little more than $30. One month ago, it cost $57.Source: madamF / Shutterstock.com The other airlines have fared much, much worse. Delta Airlines (NYSE:DAL) and American Airlines (NYSE:AAL) are both down 60%. United Air Holdings (NYSE:UAL) has lost 75% of its value.The difference is cash. At the end of 2019 Southwest had $4 billion in cash and short-term notes on its books. Its long-term debt was just $1.8 billion. With most flights grounded due to Coronavirus and employees who need to be paid, that's a huge advantage.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Conservative in the Best Possible WayWhile known for innovative uniforms and flight maps, Southwest is also conservative in the best possible way. * 10 of the Best Long-Term Stocks to Buy in a Bear Market A Trefis dashboard on the industry shows Southwest needing to retire just $654 million in debt this year, and none in 2021. Delta will owe $3.2 billion over that time, United $2.8 billion, and American ng $6.3 billion. Southwest's operating lease payments are also much lower than those of its main competitors.Even if the U.S. airline industry must close for a month, Southwest will survive it. So will its employees. They got the equivalent of six weeks' pay even after 2019 profits fell. On March 16 Southwest was already planning on reducing schedules 20%, with load factors already as low as 50%. CEO Gary Kelly is taking a pay cut. He admits this is the biggest challenge the industry has faced since the 9/11 attacks, and that it "might get worse."Meanwhile, as customers rush home to self-quarantine, Southwest continues to offer bargain fares as low as $49. Prices haven't been this low since the aircrew wore hot pants. This could increase the airlines' goodwill, the kind it gets from re-creating marriage proposals or replacing lost teddy bears. The Bad NewsNot all the news from Southwest is good or even relatively good. Flight attendants are reporting skin rashes and other conditions from their new uniforms. Most of these reports are going to the airline's union rather than directly to the company. Some customers are complaining publicly about the airline's cancellation policies.The airline is still tied to the Boeing (NYSE:BA) 737. It flies no other jet. Customers have been taking advantage of this when flights are rearranged. A bad report on safety from the Federal Aviation Administration (FAA) is being supported by the company's mechanics, who say it's protecting Boeing. The result was that planes flew that hadn't been proven safe. The Bottom Line on LUV StockWhile Southwest stock has entered oversold territory it may go lower.That's because we're now in the panic section of the downturn, with traders dumping shares they don't have to, confident they'll be able to buy them for less down the road.This follows last week's forced selling of leveraged positions and the previous week's advice to "buy the dip," which now sounds ridiculous. The capitulation is leaving enormous amounts of cash on the sidelines of the market, waiting for an all-clear signal that has not yet come.When the all-clear approaches, Southwest will be one of the stocks you'll want. When Boeing's problems are solved and the Coronavirus panic has eased, Southwest will be able to take advantage. That's what it did in previous industry downturns. That's what it will do this time.Dana Blankenhorn has been a financial and technology journalist since 1978. He is the author of the environmental thriller Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this story. More From InvestorPlace * America's Richest ZIP Code Holds Wealth Gap Secret * 10 of the Best Long-Term Stocks to Buy in a Bear Market * 7 "Perfect 10" Healthcare Stocks to Buy Now * Where the FANG Stocks Sit in This Wild Market The post When the All-Clear Sounds, LUV Stock Should Be Your First Buy appeared first on InvestorPlace.

  • Under Armour pledges up to $2M for coronavirus relief efforts
    American City Business Journals

    Under Armour pledges up to $2M for coronavirus relief efforts

    The sportswear maker is donating $1 million to Feeding America and up to another $1 million in combination of monetary donation and product to Good Sports.

  • Retailers May Have to Strike a Grand Bargain
    Bloomberg

    Retailers May Have to Strike a Grand Bargain

    (Bloomberg Opinion) -- Closeageddon is how analysts at Jefferies are describing the retail store shutterings in the U.S.With chains run by big names such as Nike Inc, Apple Inc and Hennes & Mauritz AB closing doors, and icons including Macy’s and Bloomingdale’s joining them, the challenge facing the sector is worsening.Adidas AG warned last week that the suspension of store trading in China would cost it about $1 billion in lost sales. Add in closures across the U.S. and Europe, and multiply that by the number of household names retreating, and the bill to the retail industry may be astronomical.Stacey Widlitz of SW Retail Advisors estimates first quarter revenue will be down by 50-70% on average for global retailers.While sales are evaporating, overheads still need to be paid. This brings into focus the financial strength of parts of the global sector. Those that have been doing well for a long time, including Nike Inc. in the U.S. and Industria de Diseno Textil SA (Inditex) in Europe should have the resources to cope. H&M has little borrowing.But many retailers were already struggling going into this crisis – think of some of the U.S. department stores. Those trying to implement turnarounds, such as Victoria’s Secret, which parent L Brands Inc. has agreed to partially sell, and Under Armour Inc. now face additional hurdles.Gap Inc. has been trying to revive its namesake brand. At least its balance sheet is in decent shape. The same can’t be said for the likes of JC Penney Co Inc. and J Crew Group Inc., the private-equity owned clothing retailer that plans to spin off its Madewell unit to cut debts. With markets experiencing unprecedented volatility, there must be a question mark over this transaction, and maybe even the Victoria’s Secret deal.Retailers would ideally want to stand by staff for as long as they can. It may be hard to imagine at present, but when the virus eventually recedes and activity picks up stores will need their workforces. Yet the pressures to cut back will be immense. The likely first move will be to reduce the temporary workforce.Self-help measures are limited. Stock can in theory be moved from shuttered markets to those where there is still demand. The trouble is, with large swathes of Europe and increasing numbers of U.S. cities in lock-down, the regions where non-essential shopping is even permissible are dwindling.Speaking to suppliers about delaying orders, or even cancelling them, particularly if Asian manufacturers are experiencing backlogs, may provide some respite.Where businesses operate from leased sites, landlords will have a role to play. Struggling tenants and mall owners need to have a grown-up conversation about whether payments can be deferred or rents reduced. With demand shifting from physical stores to online for the past decade, landlords are already bruised. But they are in this crisis together with retailers. The mall owners can ill afford more vacant lets. It would be wise to take steps to prevent that now.Such measures will only go so far. The case for targeted government support is pretty clear. One possibility is cheap state-backed loans, as the U.K. announced on Tuesday. In practice, such support may end up helping firms that were already uncompetitive. That may be the price to pay.Tax breaks are another. Again, British retailers have long sought a reduction on property-based “business rates”, which they argue unfairly punishes chains with large bricks and mortar estates. They just got a 12-month holiday from the tax.On both sides of the Atlantic, arrangements are needed so that suppliers can still insure themselves against retailers going bust before they have settled for ordered goods. That risk is elevated right now. If insurance companies pull cover, retailers may be forced to pay for stock up front, putting even more pressure on already strained cash flows. Government can help.Retailers, landlords and lenders will have to come to some accord with each other. Even then, they will struggle to get through this on their own.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • This coronavirus driven financial crisis is perhaps the worst of all time: expert
    Yahoo Finance

    This coronavirus driven financial crisis is perhaps the worst of all time: expert

    The worst could be yet to come for the U.S. economy reeling from the aftershocks of the coronavirus.

  • Coronavirus hits retailers worldwide: Store closures and reduced hours
    Yahoo Finance

    Coronavirus hits retailers worldwide: Store closures and reduced hours

    Here’s an up-to-date list of retailers that are closing stores, here in the U.S. and globally, due to the coronavirus.

  • Adidas emailed store employees about coronavirus: ‘Closing is easy, staying open requires courage’
    Yahoo Finance

    Adidas emailed store employees about coronavirus: ‘Closing is easy, staying open requires courage’

    Adidas told its employees on Monday it would not yet close U.S. stores because of coronavirus. On Tuesday, it reversed course and closed all U.S. stores.

  • America may need a 14-day national quarantine because of coronavirus: top health expert
    Yahoo Finance

    America may need a 14-day national quarantine because of coronavirus: top health expert

    More draconian measures may be needed to contain coronavirus, says Dr. Anand Parekh of the Bipartisan Policy Center.

  • Coronavirus Takes Brutal Toll: 7 Retailers Shutting Down Stores
    Zacks

    Coronavirus Takes Brutal Toll: 7 Retailers Shutting Down Stores

    Columbia Sportswear (COLM) shuts its brick and mortar retail stores in North America due to coronavirus concerns. Other apparel companies also resort to similar steps.

  • Retail stores closing in domino effect due to coronavirus
    Yahoo Finance Video

    Retail stores closing in domino effect due to coronavirus

    A long list of retail chains are closing their U.S. stores amid coronavirus, including Nike and Under Armour, but a few chains aren't following the trend just yet, including Adidas. Yahoo Finance's Seana Smith, Dan Roberts, and Andy Serwer discuss.

  • Nike closing all U.S. stores amid COVID-19 virus
    Yahoo Finance Video

    Nike closing all U.S. stores amid COVID-19 virus

    The retail industry continues to take a hit from the coronavirus with Nike, Under Armour, and others announcing that they are closing all U.S. stores. Yahoo Finance's Reggie Wade joins On the Move to discuss.