Under Armour Posts a Q1 Massive Sales Increase. Is It Back in the Game?
Many growth investors have given up on Under Armour (NYSE: UA)(NYSE: UAA) in the past few years and the underperforming athletic wear brand's stock price has been in steady decline. In its early years, Under Armour was focused on technologically advanced activewear for serious athletes, and its rise was seen as a threat to market leaders like Nike (NYSE: NKE) and adidas (OTC: ADDYY). NBA star Stephen Curry has an endorsement deal with Under Armour.
