Here's Why Jim Cramer is Bearish on Under Armour Inc (NYSE:UAA) [Yahoo! Finance]
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Under Armour, Inc. Class A (UAA)
Last under armour, inc. class a earnings: 2/11 06:55 am
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US:NYSE Investor Relations:
investor.underarmour.com/investors.cfm
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Source: Yahoo! Finance
Since Under Armour is a popular name among both hedge funds and retail investors, it deserver a detailed look. Jim Cramer in a latest program yet again lamented over the market's obsession about the Fed's stance over sticky inflation, saying the latest Fed minutes from April 30 to May 1 spooked investors because the central bank officials seem to be getting "impatient" with the inflation's slower-than-expected decline. However, Cramer said that economic data released after these Fed minutes showed that the labor market as well as inflation are cooling, exactly what the Fed wants. Cramer said had the Fed officials seen this data before, their minutes would have been different. Cramer said that the Fed needs to know that their "inflation lamentation" from three weeks ago isn't necessary. Jim Cramer said that consumer spending has been the biggest issue for the Federal Reserve as they wonder, "is they any place that's too high for them (consumers)." Cramer acknowledged that witho
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UAA
News
- USA FOOTBALL AND UNDER ARMOUR FORM MULTI-YEAR PARTNERSHIP TO SUPPORT U.S. NATIONAL TEAMS AND GROW THE GAME OF FOOTBALLPR Newswire
- Under Armour, Inc. (NYSE:UAA) is favoured by institutional owners who hold 61% of the company [Yahoo! Finance]Yahoo! Finance
- Under Armour, Inc. (NYSE: UAA) was downgraded by analysts at Oppenheimer Holdings Inc. from an "outperform" rating to a "market perform" rating.MarketBeat
- Under Armour, Inc. (NYSE: UAA) had its price target lowered by analysts at Barclays PLC from $9.00 to $6.00. They now have an "equal weight" rating on the stock.MarketBeat
- Under Armour: 'New' Plan Not Really New But The Stock Is Fairly Valued [Seeking Alpha]Seeking Alpha
UAA
Earnings
- 5/16/24 - Beat
UAA
Sec Filings
- 6/6/24 - Form 8-K
- 6/5/24 - Form 4
- 6/4/24 - Form 4
- UAA's page on the SEC website