Shares of Under Armour Inc. Cl A UAA inched 0.29% higher to $20.51 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. This was the stock's third consecutive day of gains. Under Armour Inc. Cl A closed $5.94 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 Thursday, as Nike Inc. Cl B NKE rose 0.54% to $157.14, Columbia Sportswear Co. COLM rose 1.24% to $96.68, and Skechers USA Inc. Cl A SKX rose 3.44% to $43.91. Trading volume (3.0 M) remained 2.3 million below its 50-day average volume of 5.3 M.