Under Armor under federal investigation over accounting practices
- Thread starter LadyStanley
- Start date
LadyStanley
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Under Armour shares crater on accounting probe, cut to 2019 revenue outlook
Starts about 10:15 in
Under Armor has been under investigation for two years (just about the time the current CEO joined the company), but only commented when it became public knowledge.
Other than fraud, and investor sentiment, unclear what impact this will have on company long term.
Starts about 10:15 in
Under Armor has been under investigation for two years (just about the time the current CEO joined the company), but only commented when it became public knowledge.
Other than fraud, and investor sentiment, unclear what impact this will have on company long term.
