Previous Close | 49.35 |
Open | 49.00 |
Bid | 48.25 |
Ask | 51.50 |
Strike | 45.00 |
Expire Date | 2026-01-16 |
Day's Range | 49.00 - 49.35 |
Contract Range | N/A |
Volume | |
Open Interest | 20 |
It was once hyped as a worthy rival to Nike. But at present, Under Armour, founded by a 23-year-old former college athlete, is struggling to “just do it.”
The Oregon-based shoe company said in December it would lay off 2% of its workforce over three years.
Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, a source familiar with the matter said on Tuesday. Nike had laid out a costs saving plan in December that would stretch over the next three years and also include tightening the supply of some products and reducing management layers. The cost-saving plan has prompted a slew of job cuts over the past few months at the world's largest sportswear maker.