Under Armour’s Stock Tanks as Troubles Pile Up
Just a few years ago, Under Armour was on fire. Revenues for the sportswear giant were growing at an incredible clip. Profits were robust. Its celebrity endorsers included the basketball star Stephen Curry, the golfer Jordan Spieth and the ballet dancer Misty Copeland. Investors, enamored with the company and its high-tech apparel, sent its stock…