DJ Under Armour Inc. Cl A Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Under Armour Inc. Cl A $(UAA)$ inched 0.45% higher to $6.71 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.13% to 5,187.70 and the Dow Jones Industrial Average rising 0.08% to 38,884.26.
Under Armour Inc. Cl A closed $2.79 short of its 52-week high ($9.50), which the company reached on December 20th.
The stock underperformed when compared to some of its competitors Tuesday, as Nike Inc. Cl B $(NKE)$ rose 0.45% to $93.78.
Trading volume (4.9 M) remained 1.4 million below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 7, 2024.
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(END) Dow Jones Newswires
May 07, 2024 17:36 ET (21:36 GMT)
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