Under Armour (UA), a powerhouse in the athletic apparel and accessories industry, has traversed a dynamic path in the stock market since its debut. The table below outlines the annual performance of Under Armour’s stock, revealing a journey fraught with both setbacks and modest recoveries.
Annual Returns of Under Armour Stock (UA)
| Year | Beginning | Ending | Gain/Loss | S&P 500 |
|---|---|---|---|---|
| 2023 | $8.89 | $8.35 | -6.07% | 24.73% |
| 2022 | $18.07 | $8.92 | -50.64% | -19.95% |
| 2021 | $15.06 | $18.04 | 19.79% | 28.79% |
| 2020 | $19.24 | $14.88 | -22.66% | 15.29% |
| 2019 | $16.45 | $19.18 | 16.60% | 28.71% |
| 2018 | $13.97 | $16.17 | 15.75% | -7.01% |
| 2017 | $25.76 | $13.32 | -48.29% | 18.42% |
| 2016 | $41.21 | $25.17 | -38.92% | 11.24% |
The table above displays the UA Yearly Return Rate, highlighting Under Armour’s annual stock performance on a split-adjusted basis. This data does not include dividends, stock spin-offs, taxes, or transaction commissions.
Under Armour (UA) Stock History
The Early Challenges (2016 – 2017)
Under Armour’s journey through the stock market began with significant turbulence. In 2016, the company’s stock price saw a substantial decline, dropping by 38.92% from $41.21 to $25.17, despite the S&P 500 experiencing a growth of 11.24% during the same period.
The challenges intensified in 2017, with the stock plummeting by an additional 48.29% from $25.76 to $13.32, starkly contrasting with the broader market’s gain of 18.42%.
These years marked a period of intense difficulty for Under Armour, as it struggled to align its growth trajectory with market expectations and competitive pressures.
A Glimmer of Recovery (2018 – 2019)
In 2018, Under Armour began to show signs of recovery, achieving a 15.75% gain in its stock price, moving from $13.97 to $16.17, even as the S&P 500 faced a decline of 7.01%. This momentum continued into 2019, with the stock price increasing by 16.60% from $16.45 to $19.18.
These years signaled a potential turnaround for Under Armour, as it worked to stabilize its operations and regain investor confidence.
Facing Renewed Challenges (2020 – 2021)
The following years brought renewed challenges. In 2020, Under Armour’s stock experienced a decline of 22.66%, falling from $19.24 to $14.88, in a year when the S&P 500 saw a gain of 15.29%.
The subsequent year, 2021, offered a brief respite with a 19.79% increase in the stock price from $15.06 to $18.04, aligning more closely with the broader market’s growth of 28.79%.
This period was characterized by significant market volatility and operational challenges for Under Armour, as it sought to navigate the unpredictable impacts of the global health crisis.
A Period of Decline (2022 – 2023)
The most recent years, 2022 and 2023, have been particularly challenging for Under Armour. The stock underwent a drastic 50.64% decline in 2022, dropping from $18.07 to $8.92.
The following year, 2023, saw a continued decline of 6.07%, with the stock price moving from $8.89 to $8.35, despite the S&P 500 rebounding with a 24.73% gain.
These years have underscored the difficulties Under Armour faces in a competitive and rapidly changing market landscape, highlighting the company’s ongoing struggle to adapt and thrive.