We recently published 10 Stocks on Fire Ahead of 2026. Under Armour Inc. (NYSE:UA) is one of the best performers on Tuesday.
Under Armour extended its winning streak to a fourth straight session on Tuesday, jumping 8.59 percent to close at $4.93 apiece as investors took heart from Fairfax Financial Holdings’ acquisition of an additional 15.68 million common shares in the company.
In a regulatory filing, Under Armour Inc. (NYSE:UA) said that Fairfax Financial, which already owns a significant stake in the former, raised its Class A common shares to 30.45 million and Class C shares to 7.78 million with a series of buying activities between December 22 and 29, 2025.
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The Class A shares bore an average price of $4.6133 while the Class C shares had an average price of $4.4055.
Under Armour Inc. (NYSE:UA) is one of the leading makers and distributors of athletic performance apparel, footwear, and accessories.
In the second quarter of fiscal year 2026, ending September 2025, Under Armour Inc. (NYSE:UA) swung to a net loss of $18.8 million from a $170.38 million net income in the same period last year.
Revenues dropped by 5 percent to $1.33 billion from $1.40 billion year-on-year, dragged by lower revenues from the North American business, wholesale, and apparel.
Operating income fell by 90 percent to $17.05 million from $173.08 million in the same comparable period.
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Disclosure: None. This article is originally published at Insider Monkey.