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Under Armour Posting Steep Loss After Downgrade By Susquehanna

After gapping open sharply lower, shares of Under Armour (UAA) continue to see significant weakness in afternoon trading on Tuesday. Under Armour is currently down by 4.9 percent.

The initial sell-off by Under Armour came after Susquehanna downgraded its rating on the athletic apparel maker to Negative from Neutral.

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