I live near Baltimore. You can see Under Armour from my office.
I’m probably the only guy in town who doesn’t wear Under Armour.
I’m an outdoors guy who owns an abundant amount of performance clothing. One piece is UA. It’s so old, it’s co-labeled with Wrangler. Probably first generation UA, way before it got to be a thing.
Under Armour stock has lost half of its value in the past year, a period when the overall stock market has boomed. The local Under Armour brick-and-mortar store closed recently, in a college town where it should have been easy to make money. Maybe the CEO should resign from all of his outside activities and focus on creating value for his company’s stockholders.