Under Armour Earnings Ignite Apparel Group

By | January 31, 2014

Scalper1 News

Under Armour (UA) breathed new life into the Apparel-Clothing Manufacturing industry group last week, gapping up to a new all-time high on a better-than expected earnings report. Before the open Thursday, the company reported earnings of 59 cents a share, a 26% increase over the year-ago quarter. That was 6 cents above estimates. That sent the stock up 23% on massive volume and then on to another new high Friday as analysts chimed in with bullish Scalper1 News

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