Become a digitalPLUS subscriber. 99 for 4 weeks.

Topics

Under Armour Inc.
Under Armour moves up to 333rd largest company
Under Armour moves up to 333rd largest company

Under Armour has moved up in rank on the S&P 500, grabbing the number 333 spot from CareFusion Corp., Forbes reports. Ranked by market capitalization, Under Armour now has a value of $11.77 billion, compared with the health care company's market cap of $11.53 billion. The Baltimore sports apparel maker will report third quarter financial results on Thursday. Wall Street analysts expect earnings to jump more than 17 percent to 40 cents per share and sales to top $925 million, a 28 percent gain. Sterne Agee analyst Sam Poser, who rates the stock a buy, sees the company's growth as strong and broad based and is calling for annual growth of 20 percent to 25 percent for at least...

Loading