UAA stock is up 6% today after Under Armour Inc (NYSE:UAA) founder and CEO Kevin Plank announced he was stepping back from the company.
Plank has been the CEO of the sports performance garment maker since founding the company in his grandmother’s basement in Washington DC in 1996, while still a student. Plank then moved the company to Baltimore two years later and has become very recognizable in the media amidst negative reports of the internal culture at Under Armour, as well as recent high profile disagreements with Donald Trump. He will be replaced by current ...
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