Here's Why Nike, Under Armour, and Foot Locker Stocks Are Surging Today [The Motley Fool]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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investor.underarmour.com/investors.cfm
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Source: The Motley Fool
What happened are up massively today, with both theDow Jones Industrial Average 00Nike Inc(NYSE:NKEUnder ArmourNYSE:UANYSE:UAAFoot LockerNYSE:FLSo whatOver the weekend, the news was mostly bleak as COVID-9 cases spread around the world, and the U.S. passed 00,000 cases and approached 0,000 fatalities. The next two weeks are expected to be extremely painful as the healthcare system in many parts of the country gets pushed to the limit.Image source: Getty Images.But there's reason for some optimism. There are signs that measures to arrest the spread of the novel coronavirus are working, with a number of hard-hit countries including Spain and Italy seeing a decline in daily deaths after several brutal weeks.The news that many countries may have come through the worst has investors feeling confident today, sending stock markets around the world higher. The U.S. markets are surging for much the same reason, with Nike, Under Armour, and Foot Locker shares surging upward on the hopes that th
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