Under Armour’s Steph Curry 5s are flying off the shelves — and it’s great news for the stock, analyst says (UAA)
|07/21/2018||Posted by BusinessMediaguide.Com under General World News||
- Under Armour‘s much-anticipated Steph Curry 5’s are selling out.
- The brand’s HOVR sneakers are also performing well.
- The trend strengthens Jefferies analyst Randal Konik’s bull case for the sports-apparel retailer.
- Watch Under Armour trade in real time here.
One of Under Armour‘s most-anticipated products is living up to the hype, and that could mean big gains to come for its stock.
“Curry 5’s are sold out in many sizes/colors, indicating strong sell-through,” Jefferies analyst Randal Konik wrote in a note out to clients, in which he noted the sneakers just went on sale two months ago. He read more >>>