Shares of apparel and footwear company Under Armour Inc (NYSE: UA) (NYSE: UAA) fell after hours Wednesday on the heels of an announcement the company’s CEO was stepping down.
Under Armour, Inc. ("the company") (NYSE:UA, UAA)), today announced that Patrik Frisk will step down as President and Chief Executive Officer (CEO) and as a member of the Board of Directors (board), effective
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Under Armour (NYSE:UAA) has outperformed the market over the past 15 years by 13.45% on an annualized basis producing an average annual return of 20.19%. Currently, Under Armour has a market capitalization of $5.03 billion.