When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Under Armour (UAA, UA) is down over 15% in early trading due to news of an accounting probe and possibly disappointments over quarterly results. The market is missing strong margin improvements that fit into my investment thesis that the athletic apparel company will drive substantial valuation gains over the next five years. The accounting probe adds risks to the story, but the long-term turnaround will reward shareholders.
Image Source: Under Armour website
Focus On Margins
For Q3, Under Armour beat analyst estimates by a strong $0.05 due to higher gross margins.