CEO Kevin Plank didn’t waste any time addressing Under Armour Inc.’s floundering stock price at the sportsmaker’s annual shareholders meeting Wednesday.
Before saying anything else, Plank told the some 300 shareholders in attendance he doesn’t think the performance of Under Armour’s stock has "held to the standard" shareholders have to come to expect. Baltimore-based Under Armour’s stock has plummeted 50 percent in the last year as the company’s growth has slowed.
Under Armour’s streak of 26 consecutive…
#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/05/31/under-armour-not-happy-about-share-price-ceo-tells.html?ana=RSS%26s=article_search
#Austin Check out URLinkedUp > http://www.urlinkedup.com