🔴 Under Armour is trading 4.4% down in pre-market after Barclays downgraded shares to Underweight

Under Armour is trading 4.43% down at $5.61 after Barclays downgraded the shares to Underweight from Equalweight and set a $5 price target on August 11, 2026.

• The August 7 earnings report forecast a mid-single-digit annual revenue decline, overshadowing an adjusted EPS beat.
• Continued selling also reflects soft demand and restructuring-turnaround concerns.
• Modestly higher major U.S. equity futures indicate company-specific pressure; volume and activity data were unavailable.