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Here’s Why Shares of Under Armour Are Way Up

April 21, 2016

Via: Fortune

Under Armour reported better-than-expected quarterly profit and sales, helped by strong demand for its sports apparel and launches of new shoes endorsed by NBA star Stephen Curry and golfer Jordan Spieth.

Shares of the No. 2 U.S. sportswear maker, which also raised its full-year 2016 sales forecast, were up 3,5% in premarket trading on Thursday.

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