🔴 Under Armour is trading 4.2% down today after cutting fiscal 2027 revenue outlook

Under Armour is trading 4.2% down now at $4.97 after reporting a lower fiscal 2027 revenue outlook on August 18, 2026.

• Management expects revenue to decline at a mid-single-digit rate, citing softer demand in North America and Asia-Pacific, while maintaining profitability targets.
• Broader risk-off sentiment is adding pressure, with the S&P 500 and Nasdaq Composite both lower during the session. The company-specific outlook reduction remains the clearest direct catalyst.