Under Armour under pressure as it competes with Nike and Adidas in the U.S.

Shares of Under Armour extended their declines on Wednesday after the company reported quarterly results the previous day. The stock stock closed with the biggest one-day percentage decline since October 2017 as it continues to struggle in North America against competition from rivals Nike and Adidas. Jen Rogers, Brian Sozzi and Dan Roberts discuss what the company's quarterly performance means for the rest of the year.