Under Armour Shares Plummet After Earnings Outlook Slashed

BALTIMORE (AP) — Under Armour is gassed.
Shares in the sports gear company had their worst opening in years Tuesday after posting fading revenue and cutting its outlook, again.
“While our international business continues to deliver against our ambition of building a global brand, operational challenges and lower demand in North America resulted in third quarter revenue that was below our expectations,” said CEO Kevin Plank. “Based on these issues in our largest market, we