DJ Under Armour Inc. Cl A Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Under Armour Inc. Cl A $(UAA)$ advanced 1.20% to $6.72 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
The stock's rise snapped a two-day losing streak.
Under Armour Inc. Cl A closed $2.78 below its 52-week high ($9.50), which the company achieved on December 20th.
The stock underperformed when compared to some of its competitors Thursday, as Nike Inc. Cl B $(NKE)$ rose 2.29% to $92.41.
Trading volume (4.8 M) remained 1.6 million below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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May 02, 2024 17:40 ET (21:40 GMT)
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