Market Data

Time To Bench Under Armour, Nike, Athletic Apparel?

Apparel stores had been the bright spot during the down market as consumers spent money on clothes and accessories to look and feel better. But athletic apparel retailers have been struggling lately. Under Armour (UA) tumbled 6.7% Thursday after receiving a downgrade on Thursday while Nike (NKE) smashed below its 200-day average. Maybe it's time to bench athletic apparel? Under Armour, No. 30 on the IBD 50 list, was downgraded by USB to neutral on

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