Shares of Under Armour Inc. Cl A UAA, -1.52% shed 1.52% to $9.05 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.33% rising 0.33% to 4,151.32 and the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 33,987.18.
The stock’s fall snapped a two-day winning streak.
Under Armour Inc. Cl A closed $7.95 below its 52-week high ($17.00), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Nike Inc. Cl B NKE, +0.19% rose 0.19% to $126.19.
Trading volume (4.2 M) remained 3.6 million below its 50-day average volume of 7.8 M.