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Under Armour Tumbles After Cutting Full-Year Forecast Again - Bloomberg

Under Armour Inc. failed to give investors a much-needed sign that it’s emerging from a string of setbacks. A continuing slump in its North American business offset growth elsewhere, leading the company to slash its full-year revenue and earnings forecasts. Sales in the third quarter also trailed analysts’ estimates, sending the shares down as much as 17 percent in early trading Tuesday.

Source: Under Armour Tumbles After Cutting Full-Year Forecast Again - Bloomberg

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