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Under Armour Stock Plummets 18 Percent on Disappointing Q2

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Despite a rumored renewal of the brand’s image as a premium athletic brand, Under Armour reported a poor quarter of sales in North America, lowering its expectations for the rest of the year as a result. In a Nutshell: Under Amour stock fell sharply in early trading on Tuesday after the brand released its second-quarter results…

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