Under Armour Shares Up 25 Percent On Earnings Surprise

BALTIMORE (AP) — Shares of Under Armour shot up more than 25 percent in midday trading, suggesting investors think the company may be turning things around after a rough three years.
The athletic apparel company, which just a few years ago was seen as a potential rival to industry leader Nike, reported third-quarter net income of $75.3 million, better than expected and easily surpassing the $54.2 million for the same quarter last year.
The company reported third-quarter earnings of 25 cent