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Why Under Armour Stock Jumped Today

Why Under Armour Stock Jumped Today

Under Armour's (NYSE: UA) (NYSE: UAA) shares were up 11.7% as of 12:27 p.m. ET on Thursday after the apparel company reported earnings results for its fiscal second quarter before the trading session opened. For the period, which ended Sept. 30, it beat revenue and earnings estimates, and the guidance it issued for the current quarter was also head of expectations.