|Bid||15.95 x 1800|
|Ask||17.51 x 1400|
|Day's range||17.25 - 17.60|
|52-week range||15.05 - 24.55|
|Beta (5Y Monthly)||0.53|
|PE ratio (TTM)||70.60|
|Earnings date||25 Apr 2018 - 30 Apr 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||20.00|
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If you purchased or otherwise acquired the securities of Under Armour during the Class Period, you may move the Court for appointment as lead plaintiff by no later than January 6, 2020. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Under Armour, Inc. (UA). On November 3, 2019, media outlets reported that the Justice Department and the Securities and Exchange Commission was investigating the Company’s revenue recognition practices and whether it had shifted sales from quarter to quarter to make them appear stronger. The Company subsequently confirmed the probe, which it had been cooperating with since July 2017, but declined to provide additional details.
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. On November 3, 2019, The Wall Street Journal reported that the U.S. Department of Justice and Securities and Exchange Commission were investigating Under Armour’s accounting of revenue and related disclosures. The investigations concern whether the Company “shifted sales from quarter to quarter to appear healthier.” Though Under Armour had reported at least 20% year-over-year revenue growth for 26 straight quarters, the Company missed its sales targets in the final quarter of 2016 and has been struggling with weak sales and restructuring ever since.
Virgin Galactic has begun its "Astronaut Readiness Program" this week, which is being run out of Under Armour Global HQ to start. Under Armour is Virgin Galactic's partner on its official astronaut uniforms, which its first paying space tourists will don on the company's initial trips beyond Earth. The Astronaut Readiness Program is a preparatory course that all of Virgin Galactic's passengers undertake before they can get their trip aboard the company's VSS Unity sub-orbital spaceplane.