Under Armour Inc UA shares fell 5.78 percent to touch a new 52-week low of $35.55 as the company lowered its guidance for FY16. The company now projects revenue of $4.925 billion, with operating income now expected to range from $17-$19 million. It also expects an impairment charge of $23 million due to The Sports Authority restructuring.
Movado Group, Inc MOV shares touched a new 52-week low of $20.32. Movado shares have dropped 26.74 percent over the past 52 weeks, while the S&P 500 index has slipped 0.81 percent in the same period.
Lands' End, Inc. LE shares reached a new 52-week low of $16.16. Lands' End reported a Q1 loss of $0.18 per share on revenue of $273.4 million.
Otelco Inc OTEL shares dropped 0.74 percent to touch a new 52-week low of $4.02. Otelco shares have declined 12.53 percent over the past 52 weeks, while the S&P 500 index has dropped 0.81 percent in the same period.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in