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home / news releases / UAA - Under Armour: Tough Transition

UAA - Under Armour: Tough Transition

Under Armour Inc. Class A
  • Under Armour has collapsed to yearly lows due to a confluence of negative events.
  • The company provided solid guidance for FY23 considering the retail environment, but the market has extrapolated fears due to short-term headwinds.
  • The CEO is stepping down into a consulting role, and the market has extrapolated those fears into further weakness.
  • The stock shouldn't trade at the yearly lows and at some of the lowest PE multiples in the athletic apparel sector.

For further details see:

Under Armour: Tough Transition
Stock Information
Company Name: Under Armour Inc. Class A
Stock Symbol: UAA
Market: NYSE
Website: underarmour.com
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