Under Armour Inc. Cl A stock falls Friday, underperforms market
Shares of Under Armour Inc. Cl A
UAA,
shed 1.25% to $22.87 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.77% to 4,458.58 and Dow Jones Industrial Average
DJIA,
falling 0.78% to 34,607.72. Under Armour Inc. Cl A closed $3.58 short of its 52-week high ($26.45), which the company achieved on May 5th.
The stock underperformed when compared to some of its competitors Friday, as Nike Inc. Cl B
NKE,
rose 0.15% to $163.59, Columbia Sportswear Co.
COLM,
rose 1.96% to $102.73, and Skechers USA Inc. Cl A
SKX,
fell 0.51% to $46.74. Trading volume (5.0 M) remained 360,850 below its 50-day average volume of 5.3 M.
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