CLF - Hot Stocks: UAA CLF UPWK drop on quarterly results; GDDY gains

Friday's pre-market trading saw another parade of earnings announcements. Under Armour (NYSE:UAA) was among the big names under the microscope, falling after warning that it could face continued supply chain issues into the middle of the year. The release of quarterly results also sparked selling in shares of Cleveland-Cliffs (NYSE:CLF) and Upwork (NASDAQ:UPWK). Meanwhile, GoDaddy (NYSE:GDDY) showed strength following the announcement of its financial figures. The company also announced a large stock repurchase plan. Decliners Worries about ongoing supply bottlenecks put pressure on shares of Under Armour (UAA). The athletic apparel maker reported quarterly results that beat expectations but the firm said supply chain issues could last into the summer. Based on this cautious forecast, UAA eased about 2% before the opening bell. Steelmaker Cleveland-Cliffs (CLF) also lost ground in the wake of its quarterly results. Earnings and revenue both missed expectations, sending the stock lower by more than 7%

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Hot Stocks: UAA, CLF, UPWK drop on quarterly results; GDDY gains