Plus   Neg

Under Armour Seeing Further Upside On Upgrade By J.P. Morgan

After moving notably higher in the previous session, shares of Under Armour (UAA) are seeing further upside during trading on Friday. Under Armour is currently up by 2.5 percent, climbing further off the four-month closing low set on Wednesday.

The continued advance by Under Armour comes after J.P. Morgan Securities upgraded its rating on the sportswear maker's stock to Neutral from Underweight.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The United Auto Workers at General Motors will remain on strike until ratification of a new four-year labor contract, the union said on Thursday. GM's proposed agreement includes an $11,000 ratification bonus to workers, wage increases of 4 percent throughout the four-year contract, no increases in health care costs; and a path to permanent worker status within four years or less. Streaming giant Netflix Inc. (NFLX) announced that it secured rights to Jeff Smith's critically acclaimed comic book series BONE. Netflix said it plans to develop an animated kids series based on BONE that follows the iconic Bone cousins on an adventure through a vast, uncharted desert and into a... Swedish luxury auto maker Volvo Cars unveiled its first fully electric car, the XC40 Recharge. The XC40 Recharge is a part of the electrified car portfolio that Volvo plans to introduce under the new 'Recharge' sub-brand. The company said it plans to launch a fully electric car every year over the...
Follow RTT