Under Armour Stock Tumbles on Downgrade | Business and Finance News

Under Armour’s stock plummeted 12% after Barclays downgraded it to “sell,” citing weak Q1 earnings, a revised downward revenue forecast, and deep concerns over slow brand recovery, fierce competition, and long product development cycles in a rapidly evolving athletic wear market. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7b4400f2f39836fa