NYSE:UAALuxury
Is There Opportunity in Under Armour After Five-Year Decline and Recent Earnings Disappointment?
If you have Under Armour on your radar, you are likely weighing whether now is a good moment to buy, sell, or simply wait things out. The stock has seen better days, but its recent moves tell a nuanced story. Over the past week, shares have inched up by 2.0%, a welcome change of pace considering the longer-term declines. Zoom out and the picture shifts, with losses of 6.2% over the past month, a substantial drop of 37.0% year-to-date, and a staggering 56.5% decline over five years. These...