Under Armour (Class A) (UAA) Sector
Consumer Discretionary

(Current) $9.15
-0.15 (-1.61%) Open Price: 9.39

Under Armour is a prominent American sportswear and athletic apparel company founded by Kevin Plank in 1996. The company was established with the vision of creating innovative performance gear that could wick sweat away from athletes' skin to enhance their performance. Kevin Plank, a former University of Maryland football player, developed the first prototype of the company's signature moisture-wicking t-shirt in his grandmother's basement in Washington, D.C.

The brand quickly gained popularity among athletes and fitness enthusiasts, and its success allowed Under Armour to expand its product offerings beyond t-shirts to include a wide range of athletic apparel, footwear, and accessories. Today, Under Armour is known for its high-quality products that cater to athletes of all levels, from professionals to everyday fitness enthusiasts.

Throughout its history, Under Armour has secured several high-profile endorsements from professional athletes, including basketball superstar Stephen Curry and football icon Tom Brady. These partnerships have significantly contributed to the brand's visibility and global recognition.

Under Armour's commitment to innovation and technology has been a key driver of its success. The company invests heavily in research and development to create cutting-edge products that offer superior performance and comfort. This dedication to technological advancements has earned Under Armour a strong reputation among athletes and has helped it compete with other major sportswear brands in the industry.

In recent years, Under Armour has faced some challenges, including increased competition and a decline in sales. The company has implemented various strategies to address these challenges, such as focusing on direct-to-consumer sales, expanding its international presence, and developing new product lines. Despite these challenges, Under Armour remains a significant player in the sportswear market and continues to be a preferred choice for athletes and fitness enthusiasts worldwide.

(11/19/24) $9.39
(11/21/24) $9.30
(11/21/24) (Qty.)9,696,893
(11/19/24) $9.31
(11/19/24) $9.61
(11/03/24) $8.50
(11/03/24) $11.89
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