Shares of Under Armour Inc. Cl A /zigman2/quotes/204420722/composite UAA -1.19% rallied 4.32% to $23.16 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.11% falling 0.46% to 4,493.28 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% falling 0.43% to 34,879.38. The stock's rise snapped a two-day losing streak. Under Armour Inc. Cl A closed $3.29 below its 52-week high ($26.45), which the company achieved on May 5th.
The stock outperformed some of its competitors Thursday, as Nike Inc. Cl B /zigman2/quotes/203439053/composite NKE +0.80% rose 1.64% to $163.34, Columbia Sportswear Co. /zigman2/quotes/206868136/composite COLM +0.33% rose 0.77% to $100.76, and Skechers USA Inc. Cl A /zigman2/quotes/201784799/composite SKX +0.24% rose 0.92% to $46.98. Trading volume (11.2 M) eclipsed its 50-day average volume of 5.2 M.