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Barchart
Wajeeh Khan

Under Armour Stock Plummets as Sales Continue to Decline

Under Armour (UAA) shares suffered a devastating decline on Tuesday after the athletic footwear and apparel company reported disappointing results for its fiscal Q4. 

In its fourth financial quarter, UAA’s revenue declined 1% year-over-year to $1.17 billion on a per-share loss of $0.03, which came in one cent below the consensus estimate. 

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