NYSE:UAALuxury
Why Under Armour (UAA) Is Up 6.7% After Prem Watsa’s Sub-$5 Share Accumulation - And What’s Next
In May 2026, Fairfax Financial’s Prem Watsa accumulated nearly 1.2 million Under Armour shares in structured blocks below US$5, coinciding with the company’s recent streak of four consecutive quarterly earnings beats and rapid international expansion.
This combination of a high-profile value investor buying in size and management guiding to the first positive adjusted EPS in fiscal 2027 highlights growing confidence in Under Armour’s turnaround efforts despite ongoing North American weakness...