Shares of Under Armour Inc. Cl A /zigman2/quotes/204420722/composite UAA +0.89% slid 2.94% to $20.45 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.18% falling 1.70% to 4,357.73 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.04% falling 1.78% to 33,970.47. This was the stock's third consecutive day of losses. Under Armour Inc. Cl A closed $6.00 short of its 52-week high ($26.45), which the company achieved on May 5th.
The stock underperformed when compared to some of its competitors Monday, as Nike Inc. Cl B /zigman2/quotes/203439053/composite NKE -0.26% fell 1.39% to $154.25, Columbia Sportswear Co. /zigman2/quotes/206868136/composite COLM +0.27% fell 1.43% to $97.69, and Skechers USA Inc. Cl A /zigman2/quotes/201784799/composite SKX -0.28% fell 0.86% to $44.83. Trading volume (8.0 M) eclipsed its 50-day average volume of 5.5 M.