Nike's fiscal first-quarter earnings top analysts' estimates, Tesla is sued for racial harassment at its factory in California, and the UAW strike against.
Nike's earnings boosted rivals such as On Holding, Foot Locker and Under Armour. Here's what Wall Street think the report means for the sportswear sector.
Under Armour, Inc. (NYSE:UAA – Get Free Report) has earned an average rating of “Hold” from the sixteen ratings firms that are presently covering the firm, MarketBeat reports. Nine equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target […]
Under Armour, Inc. (NYSE:UAA – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 12,870,000 shares, an increase of 19.8% from the August 15th total of 10,740,000 shares. Based on an average daily volume of 6,360,000 shares, the short-interest ratio […]
Chiron Investment Management LLC purchased a new position in Under Armour, Inc. (NYSE:UAA – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 50,151 shares of the company’s stock, valued at approximately $476,000. A number of other large investors have also bought and sold shares of the stock. Toroso Investments LLC […]