New Constructs CEO David Trainer appeared on CNBC’s Closing Bell on Wednesday June 1, 2016 to discuss Nike (NKE) vs. Under Armour (UA) and which provides the better risk/reward.
Photo Credit: fox2mike (Flickr)
New Constructs CEO David Trainer appeared on CNBC’s Closing Bell on Wednesday June 1, 2016 to discuss Nike (NKE) vs. Under Armour (UA) and which provides the better risk/reward.
Photo Credit: fox2mike (Flickr)
4 replies to "David Trainer on CNBC’s Closing Bell: Nike vs. Under Armour"
Under Armour (UA) falls 15% as earnings fail to meet the lofty expectations embedded in the stock price, which we outline in the video above.
UA falls over 25% as earnings miss expectations and guidance disappoints. In the video above, CEO David Trainer outlines how the expectations embedded in the stock price were far too optimistic.
UA falls over 8% as company cuts revenue outlook and announces store closures and workforce reductions. Now down over 50% since CEO David Trainer highlighted the concerns about its valuation in June 2016.
UA down 15% today after cutting guidance. Now down 63% since CEO David Trainer warned investors to avoid the stock on CNBC