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Fly News Breaks for August 2, 2017
UA, UAA
Aug 2, 2017 | 09:21 EDT
Citi analyst Kate McShane downgraded Under Armour (UAA) and lowered her price target for the shares to $21 from $25. Following yesterday's guide-down, the shares look "too expensive for investors to jump into the name nearer-term," McShane tells investors. She expects the stock will continue trading in a tight range until the end of the year. Under Armour closed yesterday down 9%, or $1.72, to $18.30.
News For UAA;UA From the Last 2 Days
UAA
Apr 15, 2024 | 11:26 EDT
Bullish option flow detected in Under Armour Class A with 3,619 calls trading, 3x expected, and implied vol increasing almost 4 points to 54.85%. Jun-24 7.5 calls and Oct-24 10 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.03. Earnings are expected on May 9th.
