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 1.32% to $9.24 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 5,948.71 and the Dow Jones Industrial Average rising 1.06% to 43,870.35.
The stock's rise snapped a three-day losing streak.
Under Armour Inc. Cl A closed $2.65 short of its 52-week high ($11.89), which the company achieved on November 7th.
The stock underperformed when compared to some of its competitors Thursday, as Nike Inc. Cl B $(NKE)$ rose 2.37% to $75.10.
Trading volume (8.3 M) remained 4.6 million below its 50-day average volume of 13.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2024.
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(END) Dow Jones Newswires
November 21, 2024 17:32 ET (22:32 GMT)
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