UA - Why American Eagle Outfitters Foot Locker and Under Armour Stocks All Crashed Today
Negative news from the Federal Reserve and Johns Hopkins University shook confidence in stocks of all stripes Thursday. And worries that America might not actually be able to reopen for business without consequences sent retail stocks American Eagle Outfitters (NYSE: AEO), Foot Locker (NYSE: FL), and Under Armour (NYSE: UA) (NYSE: UAA) into a tailspin.
As of 1:15 p.m. EDT today, American Eagle stock is down 6.5%, Foot Locker 8.1%, and Under Armour 8.3%.
And as recently as just a few hours ago, all three of these stocks had racked up 10% losses. So if you sold in the morning, you're worse off than if you had held until now.