Under Armour is trading at $4.93, down 8.02%, with fiscal Q2 results the clearest available catalyst for the pre-market decline.

  • Fiscal Q2 revenue was $1.24 billion, down 7% year over year, and met expectations.
  • Operating income exceeded the company’s outlook.
  • Fiscal 2027 revenue is still expected to decline at a mid-single-digit rate; adjusted EPS guidance remains $0.08–$0.12. Broader market context is mixed.