Wolfe Research downgraded Tesla (NASDAQ:TSLA) to Peer Perform from Outperform. While the firm remains positive on Tesla's long-term opportunity and "impressive cost trajectory," it is growing increasingly concerned about macro challenges facing the EV maker. Tesla has had to lower prices more than expected, and there are macro challenges that could hurt EV makers even more.
Under Armour (UAA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investors need to pay close attention to Under Armour (UAA) stock based on the movements in the options market lately.