Under Armour-A Stock Discussion

Since the beginning of this year, $Nike(NKE.US)$ and $Lululemon Athletica(LULU.US)$ have fallen by 32.7% and 43.7%, respectively, significantly underperforming the $Consumer Discretionary Select Sector Index(.SIXY.US)$, which has risen by 5.73%. However, companies such as $On Holding(ONON.US)$, $Deckers Outdoor(DECK.US)$, and $adidas AG(ADDYY.US)$ have performed well in the athletic apparel sector, with increases of 37.3%, 32.9%, ...

Morning Movers
Gapping up
$Planet Fitness(PLNT.US)$ was upgraded by TD Cowen from Hold to Buy, with the target price raised from $66 to $92. Shares increased by more than 3% in premarket trading.
$Broadcom(AVGO.US)$ shares advanced 0.7% on news from Reuters about the company's partnership with ByteDance to create an advanced artificial intelligence processor, which is happening amidst U.S. attempts to restrict crucial chip expo...

$Under Armour-A(UAA.US)$ Using the 2 Stage Free Cash Flow to Equity, Under Armour fair value estimate is US$10.33
Under Armour is estimated to be 35% undervalued based on current share price of US$6.73
Analyst price target for UAA is US$9.58 which is 7.2% below our fair value estimate

RECAP
Treasury yields jumped on Thursday, and indexes fell after data showed a bigger-than-expected jump in producer prices during February, keeping inflation worries alive. The market reversed from larger declines shortly before closing.  
With the preliminary closing numbers, the $S&P 500 Index(.SPX.US)$ fell 0.29%, the $Dow Jones Industrial Average(.DJI.US)$ fell 0.35%, the $Nasdaq Composite Index(.IXIC.US)$...

Morning Movers
Gapping up
$Robinhood(HOOD.US)$ stock soared 12% after the brokerage reported strong growth in assets under custody for the month of February.
$Dollar General(DG.US)$ stock rose 6.1% after the discount retailer forecast upbeat 2024 sales, expecting steady demand from price-conscious shoppers.
$Restaurant Brands International(QSR.US)$ stock rose 0.4% after the Burger King parent named Sami Siddiqui as its chief fina...

$Under Armour-A(UAA.US)$ great news changing the upper management level Muhammad El-Erian (sp) going to be advising. he's absolutely brilliant for restructuring debt he's the best of the best in the business.