Under Armour: Moving Beyond 2019 Levels
While (UAA, UA) reported a strong quarter that blew past analyst estimates, the stock is selling off despite the company smashing past 2019 numbers. The performance athletic apparel maker is in the midst of a massive turnaround, but the market isn't able to distinguish the rebound from Q1 shutdowns. My investment thesis remains more bullish on the stock long term.
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