We recently published 10 Stocks Already Shocking 2026 With Massive Gains. Under Armour Inc. (NYSE:UA) was one of the top performers last week. Under Armour grew its share prices by 14.44 percent week-on-week to climb to a new four-month high, as investors mirrored a significant investor’s hike of its stake in the company. The rally followed a regulatory filing last week that Canada-based financial services firm, Fairfax Holdings—already a 10 percent owner of the company—had increased its stake in the spo ...

Company Overview - Under Armour reported a revenue of $5.05 billion for the trailing twelve months (TTM) and a net income loss of $87.65 million [4] - The company has 6,800 employees and experienced a 30.40% decline in share price over the past year, calculated using January 2, 2026, as the reference date [4] Insider Transaction - V. Prem Watsa, a 10% owner, purchased 13,182,469 shares of Under Armour for approximately $67.4 million on January 2, 2026 [1][2] - The transaction resulted in zero direct ownership for Watsa, consolidating his holdings under Fairfax Financial Holdings Limited subsidiaries, with post-transaction indirect holdings of 51,416,278 shares [6] - The shares were acquired through open-market purchases, with no options or derivative securities involved [6] Market Context - Under Armour's market capitalization has significantly decreased from over $24 billion at its market debut in early 2018 to approximately $2.15 billion recently [9] - The company's revenue contracted slightly to $2.5 billion during the six months ended September 30, 2025, with a gross margin decline of 1% year over year to 47.7% [11] - Watsa's purchase included 11.5 million Class A shares, which have voting rights, and 1.7 million Class C shares, which do not, indicating a potential activist investor approach [10] Business Model - Under Armour operates a hybrid business model that combines wholesale distribution to retailers and direct-to-consumer sales through branded stores and e-commerce platforms [7] - The company targets athletes, sports enthusiasts, and active consumers globally, with a presence in North America, EMEA, Asia-Pacific, and Latin America [8]

Market Overview - Major U.S. indexes closed lower, with the Dow Jones Industrial Average down 0.2% to 48,367.06, S&P 500 down 0.1% to 6,896.24, and Nasdaq down 0.2% to 23,419.08 [1] Nio Inc. (NYSE:NIO) - Nio's stock increased by 3.00% to close at $5.50, with an intraday high of $5.79 and a low of $5.50; the 52-week range is $3.02 to $8.02 [2] - The rise is attributed to confirmation from China's National Development and Reform Commission that vehicle trade-in subsidies will continue through 2026, indicating ongoing government support for auto replacement demand [2] Profusa Inc. (NASDAQ:PFSA) - Profusa's shares surged 78.33% to $0.12, with an intraday high of $0.17 and a low of $0.11; the 52-week range is $0.065 to $2.40 [3] - In after-hours trading, the stock fell 14.12% to $0.10 [3] - The company announced a restructuring of its senior secured convertible notes, raising the conversion floor price from $0.10 to $0.35 to reduce potential shareholder dilution and strengthen its balance sheet [4] - Mandatory cash and equity amortization payments scheduled to begin in early 2026 were eliminated, easing near-term cash flow pressure [4] - Management framed the changes as a de-risking move to limit equity issuance at distressed prices while improving financial flexibility; however, Profusa remains a high-risk micro-cap company facing Nasdaq non-compliance and ongoing operational challenges [5] Nike Inc. (NYSE:NKE) - Nike's stock slightly dipped by 0.03% to $61.19, with a high of $61.30 and a low of $60.64; the 52-week range is $52.28 to $82.44 [6] - The stock rose 1.5% to $62.13 in extended trading following Apple Inc.'s CEO Tim Cook's purchase of $3 million worth of Nike shares, increasing his total stake to 105,480 shares valued at $6.04 million [6] FTAI Aviation Ltd (NASDAQ:FTAI) - FTAI Aviation's stock jumped 14.30% to $197.54, with an intraday high of $199.88 and a low of $176.68; the 52-week high is $199.88 and the low is $75.10 [7] - The rise follows the announcement of FTAI Power, a new business converting aircraft engines into power turbines for AI-driven power shortages, expected to begin production in 2026 [7] Under Armour Inc. (NYSE:UAA) - Under Armour's stock rose 7.64% to $5.14, with a high of $5.20 and a low of $4.91; the 52-week range is $4.13 to $8.72 [8] - The company's Class C stock spiked 8.59% to $4.93 [8] - The increase followed a large insider purchase by Fairfax Financial Holdings, which acquired 15.68 million shares, significantly boosting its stake in both Class A and Class C shares [9] - Under Armour reported second-quarter adjusted EPS of 4 cents, beating expectations, with a gross margin of 47.3%, down year over year but ahead of consensus [9] - The company guided fiscal 2026 revenue down 4% to 5% and adjusted EPS to 3 to 5 cents, citing soft demand and tariff pressures; it expanded its fiscal 2025 restructuring plan, adding $95 million in charges related to separating the Curry Brand, while lifting its fiscal 2026 adjusted operating income outlook to $95–$110 million [10] - Fairfax's increased stake signals confidence in Under Armour's restructuring and turnaround strategy for long-term gains [11]

加拿大亿万富翁普雷姆·瓦萨增持股份，安德玛股价上涨，现涨超7%。 来源：滚动播报 ...

Investment Rating - The industry rating is "Buy" [5] Core Insights - In Q3 2025, the overall revenue growth of overseas sports footwear and apparel companies slightly declined compared to Q2 2025, with a mixed performance in gross margins and an increase in most companies' SG&A expenses [5][12] - Brands focusing on niche segments like running and outdoor activities, such as ANTA, ASICS, and Deckers Outdoor, maintained high revenue growth rates, with ANTA growing by 34.5%, ASICS by 20.4%, and Deckers by 8.3% [12][13] - Most overseas sports footwear and apparel companies continued to show positive revenue growth, with notable performances from Skechers [12] - Revenue growth rates varied by region, with North America, Europe, and Greater China showing different trends; Europe had the best performance in Q3 2025 [5][20] - The apparel category showed stronger resilience in sales compared to footwear in Q3 2025 [5][25] Summary by Sections Section 1: Revenue Growth and Margin Performance - In Q3 2025, the revenue growth of overseas sports footwear companies decreased slightly compared to Q2 2025, with most companies experiencing an increase in SG&A expenses [5][12] - The revenue growth rates for major brands in Q3 2025 included Adidas at 8%, Lululemon at 7.1%, and ASICS at 20.4% [13][18] Section 2: Inventory Levels - Most overseas sports footwear companies saw an increase in inventory turnover ratios in Q3 2025, but overall inventory levels remained manageable [5][12] Section 3: Revenue Guidance for Fiscal Year 2025 - Compared to 2024, many companies have lowered their revenue growth guidance for the current fiscal year, although brands like Adidas, ANTA, and Lululemon have raised their full-year guidance for 2025 [5][18] Section 4: Investment Recommendations - Despite the slight decline in revenue growth and rising inventory turnover ratios, the long-term outlook for the sports footwear industry remains positive, driven by upcoming major sporting events and a recovery in order placements [5][18]

Under Armour founder and CEO Kevin Plank, along with Goldman Sachs, is stepping away from further development of Baltimore Peninsula, formerly known as Port Covington, a 235-acre mixed-use waterfront redevelopment project in South Baltimore. Originally pitched as a 14-million-square-foot mini-city anchored by a new UA headquarters, a new report says less than 10% of the planned project has been built.Representatives for Plank's real estate development company, Sagamore Ventures, and its equity partner, Gold ...

Core Insights - The sports and outdoor industry is experiencing significant leadership changes among major brands, indicating a turbulent environment where growth ambitions are being reassessed [1][2][3][4][5][14][18] - Companies are grappling with the balance between maintaining high growth and focusing on core competencies, leading to strategic shifts and potential brand identity crises [6][12][14][21] Company Summaries - Under Armour's founder Kevin Plank returned to lead the company, initiating an 18-month restructuring plan as the stock price plummeted from a high of $52 to around $4, highlighting the challenges of sustaining growth [1][14] - Nike's former CEO John Donahoe stepped down, with Elliott Hill taking over amid declining gross margins and increased discount rates, indicating a need for recovery despite previous digital transformation successes [1][16] - Lululemon's CEO Calvin McDonald announced his departure, coinciding with a mixed earnings report that showed a 7% increase in net sales but a 5% decline in comparable sales in North America, raising concerns about the brand's strategic direction [3][4][5] - HOKA ONE ONE, once a strong competitor, faced a significant stock drop due to investor skepticism about its growth potential, prompting its CEO to clarify the brand's focus on specific running categories [1][18][21] - On the other hand, On Running has maintained robust growth, with revenue increases exceeding 30% in recent quarters, positioning itself closer to lifestyle branding while still emphasizing performance [18][19][21] Industry Trends - The differentiation in product technology among sports brands is diminishing, leading to a greater emphasis on brand positioning as companies navigate between being performance-oriented and lifestyle-focused [7][10][11] - The shift in consumer expectations, particularly among Gen Z, is moving from competitive sports to a more participatory and wellness-oriented approach, influencing how brands communicate and market their products [11][12] - The ongoing debate within the industry revolves around how closely brands should align with core athletic performance versus lifestyle trends, with varying strategies yielding different results [12][21]

Core Insights - Nike and Under Armour reported earnings that indicate contrasting performance trends for the two athletic brands [1] Company Performance - Nike's earnings reflect a positive trajectory, suggesting strong market demand and effective brand positioning [1] - Under Armour's earnings reveal challenges, indicating potential struggles in maintaining market share and brand appeal [1] Market Implications - The divergent performance of Nike and Under Armour highlights the competitive landscape in the athletic apparel industry, with Nike gaining an advantage [1] - Investors may need to reassess their positions based on the contrasting financial results of these two companies [1]

Group 1 - Canon's printer factory in Zhongshan has ceased operations and is currently settling accounts with employees and suppliers [5] - The first batch of frozen durians imported from Indonesia has arrived in China, with expected prices ranging from 40 to 50 yuan per pound [7] - The film "Zootopia 2" has surpassed 1.9 billion yuan in box office revenue [8] - Shanghai Lego Park has welcomed over one million visitors and plans to initiate a second phase of expansion [8] Group 2 - Under Armour has experienced a decline in sales for eight consecutive quarters, with a market value drop of 140 billion yuan over the past decade [9] - The bond market in October issued a total of 63,574.6 billion yuan in various bonds, including government and corporate bonds [9] - The number of one-person households in South Korea has surpassed 36%, reaching 8.045 million households [10] Group 3 - Spain's pork exports are hindered due to the discovery of African swine fever cases, affecting about one-third of export licenses [11] - Yushun Technology has completed its IPO counseling, indicating readiness for IPO application [12] - Dongpeng Beverage has received approval for its overseas listing, planning to issue up to 66.446 million shares [12] Group 4 - Micron plans to invest 9.6 billion USD in Japan for the production of AI memory chips [12] - The iPhone 17e design has been leaked, expected to launch in the first half of next year [13]

Core Insights - Under Armour Inc. is identified as one of the best short squeeze stocks to consider for investment at this time [1] - The company will end its partnership with basketball player Stephen Curry in 2026 after a 12-month wind-down period, with a maintained Market Perform rating and a price target of $5 per share [1] Financial Performance - The basketball division, including the Curry brand, is projected to generate approximately $100 million to $120 million in revenue for the current fiscal year, representing about 10% of Under Armour's footwear sales and 2% of total revenues [2] - The company indicated that the financial performance and profitability are not expected to be "significantly affected" by the split with Curry [2] Product Launches - The Curry 13, which is Stephen Curry's final signature shoe, is set to be released in February of the following year, with additional colorways and apparel collaborations anticipated until October 2026 [3] Company Overview - Under Armour Inc. is recognized as a global leader in performance apparel, footwear, and accessories, catering to athletes and active individuals across various age groups [4] - The company's product range includes compression wear and specialized footwear, with a distribution network that spans wholesale, retail, and e-commerce [4]