Under Armour (UAA) Stock Plummets After Earnings
b'Under Armour (UAA) stock price was down over 23% yesterday after the earnings report. "The Under Armour challenges include supply chain issues, transportation expenses, and Chinese Covid lockdowns. The company\'s strategy should be to focus on brand elevation and higher pricing," says Kris Ruggeri. On the other hand, David Swartz thinks that the underlying demand in North America is generally healthy, and the UAA share price decline on the earnings call is unwarranted.'