Yahoo Finance Live’s Akiko Fujita and Brian Cheung discuss Under Armour as its stock hits a 52-week low.

Video Transcript

AKIKO FUJITA: Let's take a look at a big mover in the session. Shares of Under Armour hitting a 52-week low today on the back of the company reporting a surprising loss of $0.01 per share in its latest earnings report. Under Armour also issuing weaker than expected outlook, citing supply chain woes and COVID-19 impacts in China. That is a common one, Brian, that we've been hearing.

BRIAN CHEUNG: Yeah, I mean, it's about to go sub $10, and a pretty remarkable story for a stock that was very much loved. Even though 2015 was kind of the peak for this company, especially when you look at it on a stock basis, I mean, you know, it's been relevant in kind of the pop culture zeitgeist for quite a while. So, quite a fall from grace for this company.