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TheStreet: Jim Cramer Explains Why Under Armour is Underperforming

May 28, 2023
in Trade Tube
Reading Time: 1 min read
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Under Armour is making some good moves, but right now Nike and Adidas have momentum said TheStreet’s Jim Cramer. Under Armour is promoting Stephen Curry on a tour of China and Cramer believes that Curry is indeed ‘the future’. That said, Curry’s Golden State Warriors squad lost to Cleveland and LeBron James in the NBA Finals and this is helping give Nike a boost at least in the short run. And Cramer said Nike remains a very sharp and cost conscious competitor.

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