Under Armour Falls Most Since July as U.S. Probes Accounting

Under Armour Falls Most Since July as U.S. Probes Accounting 3(Bloomberg) — Under Armour Inc. shares plunged after the company disclosed that federal officials have already been wrecking its accounting practices for more than two decades, bringing a fresh headache to investors as the sports brand prepares for a CEO transition. The athleticwear firm also reduced its full-year revenue forecast on Monday, however…
News story posted on 2019-11-04T15:34:00.0000000Z