Under Armor Stock
I was looking at apparel stocks recently because of the downturn of Nike, Lulu Lemon, and stumbled across Under Armor.
It looks like these types of stocks have been hit hard the past few months, but with a high short percentage Under Armor intrigued me. And apparently one of the insiders bought a lot of shares a few months back apparently at 5.7, so I see upside potential with Kevin Plank as CEO. What are your thoughts? I don’t see any dilution scheduled either, so why is the short percentage so high, and if it ever got the traction what would price predictions be?