Diamonds and Dogs
Under Armour (UAA) up 9% following earnings and an upgrade. Under Armour easily beat expectations the other day as sales rose 39% to $1.3 billion. Under Armour is doing better with fashion athletic and athleisure while also improving markets with their sneakers. UBS upgraded the stock with a $36 price target.
Peloton (PTON) is down 13% after recalling their Tread + treadmill following 70 plus injuries and the death of a small child. The CEO in a statement said, "they made a mistake in their initial response to US safety agency and will now recall the treadmill."
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