Shares of Under Armour Inc. Cl A /zigman2/quotes/204420722/composite UAA -1.19% rose 1.27% to $20.76 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.11% rising 0.95% to 4,395.64 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% rising 1.00% to 34,258.32. This was the stock's second consecutive day of gains. Under Armour Inc. Cl A closed $5.69 short of its 52-week high ($26.45), which the company achieved on May 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nike Inc. Cl B /zigman2/quotes/203439053/composite NKE +0.80% rose 1.56% to $157.44, Columbia Sportswear Co. /zigman2/quotes/206868136/composite COLM +0.33% rose 0.89% to $99.07, and Skechers USA Inc. Cl A /zigman2/quotes/201784799/composite SKX +0.24% rose 3.13% to $45.85. Trading volume (3.8 M) remained 1.9 million below its 50-day average volume of 5.6 M.