Citi Downgrades Under Armour to Sell Amid Growth Concerns
Citi lowers Under Armour to Sell rating, citing competition, weak direct-to-consumer traffic, and challenges in North America and international markets.
/ 333 items
#Consumer Disc.↓
Playboy Stock Surges on $122M China Business Deal
Playboy (PLBY) shares jump 28% as company announces $122 million deal to sell half its China business to UTG Brands Management Group, with proceeds earmarked for debt reduction.
DraftKings Teams Up With Crypto.com for Expanded Prediction Markets
DraftKings (DKNG) partners with Crypto.com to expand prediction markets, adding player-specific sports contracts and new categories including politics and entertainment.
Under Armour Beats Expectations, Raises 2026 Outlook Despite Tariff Headwinds
Under Armour (UA) stock jumps 11% as Q3 results exceed forecasts. Company raises annual profit outlook while navigating tariffs and business transformation with premium product focus.
Stellantis Takes $26 Billion Hit After Pulling Back on Electric Vehicles
Stellantis announces massive $26 billion charge as it reverses its aggressive EV strategy, citing overestimation of electric vehicle demand and market shifts.
Cantor Fitzgerald Gives Jumia an “Overweight” Rating with $18 Price Target
Cantor Fitzgerald starts coverage of Jumia with optimism, calling Africa the “final frontier” for e-commerce and seeing Jumia as the “Amazon of Africa.”