Tag Archives: S&P 500 High Yield Corporate Bond Index
Under Armour Falters, but Consumer Discretionary Stays Positive
The sports apparel and footwear company Under Armour recently experienced a highly publicized loss of stock value, based on a couple of missteps. The first misstep was falling short of Wall Street’s earning expectations, which caused multiple brokerage firms to downgrade their stock recommendations. The second was inaccurate forecasting of the company’s revenue; it only…
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