Retail Stock Seeing Pressure Ahead of Earnings

Under Armour Inc (NYSE:UAA) will announce its latest quarterly report before the open on Tuesday, May 13. The company is expected to post losses of nine cents per share on revenue of $1.16 billion, both of which are significantly lower than the same quarter last year. At last glance, UAA was up 4.5$5.97. The $6 level has kept a tight lid on gains since the stock's April 3 bear gap, along with long-term pressure from the 40-day moving average. Year to date, the equity is down 27.9%. The majority of anal ...