Shares of Under Armour Inc. Cl A (NYS:UAA) slipped 2.33% to $21.41 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 0.57% to 4,443.05 and Dow Jones Industrial Average (DOW:DJIA) falling 0.84% to 34,577.57. This was the stock's third consecutive day of losses. Under Armour Inc. Cl A closed $5.04 short of its 52-week high ($26.45), which the company reached on May 5th.
The stock underperformed when compared to some of its competitors Tuesday, as Nike Inc. Cl B (NYS:NKE) fell 0.48% to $158.76, Columbia Sportswear Co. (NAS:COLM) fell 0.09% to $103.57, and Skechers USA Inc. Cl A (NYS:SKX) rose 0.09% to $46.17. Trading volume (6.3 M) eclipsed its 50-day average volume of 5.4 M.