by UpperEastSideIrish (2018-12-12 13:20:27)
In reply to: Under Armour stock being punished on its Investor Day posted by UpperEastSideIrish
The company’s stock is up ~70% over the last several months. The issues with culture and the worries about the brand’s future are relatively recent, I believe.
The UnderArmour deal was announced in early 2014
Price of UA stock, then to now: $30 down to $19
Price of DJIA, then to now: 16400 to 24400
Swarbrick’s kid’s sweet marketing job: Priceless
Now that’s Savvy!
The stock has been a huge winner YTD, but over the last 3 years its down like 60%.
for the first time?
In late 2015 they were trading around $50 a share.
They haven't been North of 30 since late 2016.
That they have come back from the nadir of $11 a share since November of 17 to be in the mid 20s shouldn't give anyone comfort.
Like I said, they've been having issues for a couple of years now.
A comparison of the past 5 years with Nike and Adidas doesn't look good, regardless of stock class.
Nor does this
