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Under Armour has been cleaning up its inventory problem, according to Jefferies analyst Randal Konik.
Buy Under Armour and Foot Locker, one analyst suggested. Under Armour is set to catch Adidas in North America market share, and Foot Locker sells a lot of Under Armour sneakers. It also sells a lot of Nike sneakers, which the analyst also believes will catch Adidas.
The losses come just days after a security breach of Under Armour's MyFitnessPal app.
It's a much needed boost for the company.
The company's sales are declining faster than Wall Street thinks, according to one Macquarie analyst.
Shares of Under Armour fell after a Susquehanna analyst likened the company to Reebok for its poor brand management decisions.
Under Armour's stock price plummeted after the company's earnings report and its near-term future isn't looking bright.
Under Armour's stock took a beating on Tuesday after poor earnings, but there still might be hope for the company.
Under Armour didn't fare well after its earnings report, and compeition in the atheltic apparel space is hot, making it harder for the company to fight back.
After a disappointing Curry 3, Under Armour is back with a brand new, and highly anticipated basketball shoe.