Shares of Under Armour Inc. slumped 2.4% in morning trade Monday, after FBR & Co. turned bearish on the athletic apparel company, citing a brewing price war with rival Nike Inc. at Kohl’s Inc. , as well as changing customer preferences. Analyst Susan Anderson cut her rating to a rare underperform from market perform, and ...
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April 04, 2017 at 03:52AM
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