Under Armour Off And Running After Q4

Under Armour

shares are trading higher by $15.17 at $83.75 in Thursday's session. The catalyst for the rally is a Q4 beat for EPS of $0.02 along with a 500M revenue beat. The issue, which has been in a prolonged decline since making it all time high in September at $105.89, bottomed on January 20 at $63.23. The rally from the premarket session has continued. After a higher open,it decline to $78.11 before resuming its moves higher. At this time, it is trading at the highs for the session at $83.78. The current area coincidesd with a pair of highs in the issue from December 17 ($83.80) and December 15 ($83.84).