Under Armour was once the darling of Wall Street — a tech-savvy sportswear company taking on the like of Nike and Adidas. Now, its stock has fallen close to 70% from its all-time highs and the future looks uncertain. Where did it all go wrong for them?
In this episode, the MyWallSt team also chat about:
- Facebook trying to rip off another company with its new app, Hobbi.
- The incredible growth of Zillow's Offers business.
- And two traditional retailers that will weather the e-commerce storm.
MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.