- Under Armour’s stock rose 13% Friday. However, the company should scare investors. Two key things happened. First, Under Armour obtained $400 million in debt at a price tag of 7.25%. This was good news solely because Under Armour was able to get the debt. The debt replaces debt that it was paying 3.25% on. Second, the company saw an 11% decline in earnings. Earnings fell to $1.1 billion. The stock is down 15% year to date.
AI & Health Tech Funding
June 27, 2025
8:08 am
Nabla raises $70 million in a Series C fund raise from VC firms. See Stat