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Why Under Armour Stock Soared Today

TheMotleyFool

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Shares of Under Armour (NYSE: UAA) (NYSE: UA) jumped on Tuesday after the maker of athletic apparel delivered a strong third-quarter earnings report.

As of 12:50 p.m. EDT today, its stock price was up more than 15%.

Under Armour's revenue rose 8% year over year to $1.5 billion, fueled by strong growth in international markets. The gains were broad-based, with wholesale revenue rising 10% to $911 million and direct-to-consumer sales growing 12% to $604 million.

Source Fool.com

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