Under Armour cuts Earnings forecast; National probe weighs on shares

Under Armour cuts revenue forecast; National probe weighs on Stocks  1(Reuters) – Under Armour Inc on Monday cut its forecast for annual revenue for a second consecutive time, adding to its problems after the sportswear maker disclosed a federal probe related to its accounting practices. Shares of the company were down 13%, a day after the Wall Street Journal reported that the company was being…
News story posted on 2019-11-04T12:45:00.0000000Z