Here's Why Under Armour (UAA) is Poised for a Turnaround After Losing -13.42% in 4 Weeks
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Under Armour (UAA) has experienced a significant decline of 13.42% over the past four weeks, but it is now considered to be in oversold territory. Wall Street analysts are revising earnings estimates higher, suggesting a potential trend reversal for the stock.
February 17, 2025 | 3:45 pm
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Under Armour's stock has dropped 13.42% in four weeks, but it is now in oversold territory. Analysts are revising earnings estimates higher, indicating a potential trend reversal.
The stock's significant decline has led it to oversold territory, which often precedes a price rebound. Additionally, the upward revision of earnings estimates by analysts suggests improved future performance, supporting a positive short-term outlook.
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