• Under Armour’s stock surges on surprisingly small quarterly loss

    Under Armour’s stock surges on surprisingly small quarterly loss

    Under Armour reported a smaller-than-expected quarterly loss on Friday, as it sold more merchandise online with customers staying at home during the coronavirus lockdowns, sending its shares up about 10 percent in early trading. Even as stores were temporarily shut, activewear companies such as Under Armour have been able to benefit from demand for home …
  • Under Armour shares drop as coronavirus hits sales

    Under Armour shares drop as coronavirus hits sales

    Under Armour’s shares dropped more than 10 percent on Monday after the company said the COVID-19 crisis caused sales of sneakers and other athletic gear to fell more sharply than expected. Store closures in March stopped Under Armour’s growth this year in its tracks, leading sales to drop 23-percent to $930 million in the quarter …