Under Armour Stock Falls as Company Misses Projections in Q4
Updated 4:58 p.m. ET May 12 Under Armour’s stock took a hit on Tuesday after the company missed analyst expectations with its fourth-quarter results and provided a lackluster outlook for the next fiscal year. More from WWD The stock closed down 16.7 percent at $4.90, leaving it with a market capitalization of $2.1 billion. Before the market opened, the Baltimore-based sports brand reported an operating loss of $34 million and adjusted operating income of $3 million for the period ended March 31. The ne ...