Why Under Armour Stock Was Down Over 10% This Week
Week to date, Under Armour's (NYSE: UA) (NYSE: UAA) Class A shares were trading down 15.2% as of 11:33 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence.
On May 18, Under Armour announced that CEO Patrik Frisk was stepping down after two years on the job. The Class A shares are currently down 56% year to date, trailing other retail stocks and the S&P 500 index.
Source Fool.com