UA Stock Recent News

Shares of Under Armour (UAA) fell 10% after the company announced this week that founder Kevin Plank will return as Chief Executive Officer (CEO) as of April 1, replacing Stephanie Linnartz. Analysts at Evercore ISI were among the first to downgrade the stock on the news, saying that the shift in leadership indicates prior growth strategies were not working and that anticipated new initiatives could pose "significant risk to the brand longer-term.

Stephanie Linnartz, a former Marriott executive who took over at Under Armour in February 2023, is the second CEO UAA has cycled through in less than two years

Under Armour (UA, UAA) has announced a leadership shake-up: founder Kevin Plank has reassumed the position of Chief Executive Officer, replacing Stephanie Linnartz, who occupied the role for only a year. Yahoo Finance Executive Editor Brian Sozzi breaks down the market reaction and provides insight into Plank's operational mishaps during his tenure as CEO.

Stephanie Linnartz is out as Under Armour CEO after barely a year on the job, to be replaced by founder Kevin Plank. The surprise move is being interpreted as a sign that Under Armour's turnaround is not proceeding as planned.

Under Armour Inc (NYSE: UAA) stock was last seen down 12% to trade at $7.12, following news that founder Kevin Plank will return as CEO on April 1 to replace Stephanie Linnartz.

CNBC's Sara Eisen reports on the latest news from Under Armour.

Under Armour Inc (NYSE:UA) has announced founder Kevin Plank will return to the helm of the sportswear company next month. Having set up Under Armour in 1996 and served as chief executive until 2019, Plank will replace Stephanie Linnartz, who is set to step down after little over a year.

Plank founded Under Armour in 1996 and served as the company's top boss till 2019.

CNBC's Julia Boorstin joins  'Closing Bell Overtime' with news on a leadership shakeup in Under Armour.

Shares of Under Armour Inc. UA, -0.13% jumped after hours on Wednesday after the athleisure-gear maker said Kevin Plank would return to the role of chief executive on April 1. Plank, who founded Under Armour in 1996 and served as chief executive from 1996 to 2019, will succeed Stephanie Linnartz, who is stepping down from that role and as a member of the board.