Under Armour Shares Crash, Blames China

Feb 11th 2020 8:10am EST

Under Armour Shares Crash, Blames China Under Armour shares slid 14% Tuesday morning after the Baltimore-based athletic company posted an unexpected fourth-quarter loss.  The company forecasted a surprise drop in 2020 revenue, mostly due to weakness in North America. It then warned that the coronavirus outbreak in China would dent sales in one of its […]

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