Under Armour shares are trading lower after the company issued weak FY25 guidance.
Portfolio Pulse from Benzinga Newsdesk
Under Armour shares are trading lower after the company issued weak FY25 guidance.
May 16, 2024 | 11:33 am
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NEGATIVE IMPACT
Under Armour's Class C shares (UA) are trading lower due to weak FY25 guidance issued by the company.
The weak FY25 guidance suggests potential challenges ahead for Under Armour, leading to a negative market reaction and a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Under Armour's Class A shares (UAA) are trading lower due to weak FY25 guidance issued by the company.
The weak FY25 guidance suggests potential challenges ahead for Under Armour, leading to a negative market reaction and a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100