Stock market today: Dow jumps, Nvidia's continued slide drags on Nasdaq [Yahoo! Finance Canada]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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Source: Yahoo! Finance Canada
The benchmark S&P 500 ( ^GSPC ) rose 0.3%, while the tech-heavy Nasdaq Composite ( ^IXIC ) fell about 0.4%. The Dow Jones Industrial Average ( ^DJI ) jumped 1%, or almost 400 points. Stocks are hoping to add a punchline to what's been a high-flying quarter thus far. The S&P 500 is up around 4.5% this quarter, and the Nasdaq has surged around 8% on the back of an AI-driven rally That rally, however, showed signs of fatigue to end last week. Nvidia, so far 2024's darling of Wall Street, lost ground after reaching fresh all-time highs toward the end of the week. Those losses looked set to continue Monday as investors rotated out of the AI chip giant, with the stock down around 2% in early trading. ADVERTISEMENT The macroeconomic front, as well as renewed focus on the US political scene, could grab more of the spotlight this week. On the latter point, US President Joe Biden and presumptive Republican nominee Donald Trump are set for their first debate Thursday evening. Yahoo Fina
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News
- Under Armour's Kevin Plank Received a 55% Bump in Compensation in Returning to the Role of CEO [Yahoo! Finance]Yahoo! Finance
- Nike Stock Tanks Almost 20% To 4-Year Low: Why The Sneaker Giant's Struggling [Forbes]Forbes
- Under Armour, Inc. (NYSE: UA) had its price target lowered by analysts at Stifel Nicolaus from $10.00 to $9.00. They now have a "buy" rating on the stock.MarketBeat
- Under Armour to settle class action lawsuit for $434m [Yahoo! Finance]Yahoo! Finance
- Under Armour to pay $434 million to settle lawsuit over sales disclosures [CNN]CNN